ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »RBI may hold bond quotas as India faces impossible trinity
Bloomberg Foreigners looking to buy Asia’s best bonds will probably have to wait. Reserve Bank of India’s Governor Urjit Patel is unlikely to raise the quota on debt after inflows surged and muddied policy choices. He can’t allow runaway currency gains because exports are only just recovering from a slump, so he’s buying up the dollars pouring in. This injects …
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