India bonds inch up as traders assess RBI liquidity steps
· economictimes.indiatimes.com
Indian government bonds climbed on Tuesday as investor sentiment shifted, responding favorably to the Reserve Bank of India's recent temporary liquidity draining measures. These actions helped calm worries about stricter monetary policies. Furthermore, the stronger-than-anticipated inflows from the RBI's dollar deposit initiative reduced financial tensions, even though international interest rate uncertainties influenced demand for longer-term bonds.
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