How rupee is expected to gain from India’s entry into a major global bond index

Wednesday, 27 September 2023
JP Morgan recently announced that India would be added to its Government Bond Index Emerging Markets global index suite in June 2024, potentially bringing in over $20 billion of stable flows.

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Rupee rises 38 paise to 82.75 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened strong at 82.75, registering a gain of 38 paise from its previous close. The rupee appreciated by 38...
IndiaTimes on September 22, 2023

Global index inclusion may draw up to $40 billion flows to India

India’s trillion-dollar sovereign bond market is gearing up for a rush of foreign money after JPMorgan Chase & Co. said it will include the nation’s debt in...
IndiaTimes on September 25, 2023

How rupee is expected to gain from India’s entry into a major global bond index

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