Tag: Indian Rupee

The inclusion of India in a major global bond index is expected to strengthen the rupee against its peers, despite the possibility of higher US interest rates affecting the appeal of emerging market assets. The Reserve Bank of India is likely to absorb some of the incoming dollar inflows to support export competitiveness. The stable flow of overseas funds is seen as a cushion against multi-year rise in US bond yields and increasing crude oil prices.While significant dollar inflows from index inclusion are not expected for around six...