Foreigners flocking to Indian bonds make a splash across markets
Monday, 1 April 2024
Since India's significant inclusion in key global bond indexes, as announced by JPMorgan Chase & Co in September, the country has seen a remarkable influx of foreign investment, totaling about 780 billion rupees ($9.4 billion) into eligible sovereign bonds. This move is altering the landscape of India's financial markets, historically cautious of volatile capital flows.
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