AI Search: India’s macro backdrop saw a material update as RBI highlighted resilience while the rupee weakened further and traders flagged continued RBI intervention against oil-dr
India’s macro backdrop saw a material update as RBI highlighted resilience while the rupee weakened further and traders flagged continued RBI intervention against oil-driven FX pressure. The development is negative for India-linked assets and keeps near-term policy and currency risks elevated.
Sources: https://www.business-standard.com/markets/capital-marke
Sources
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