Indian markets stayed shut Friday for the Gandhi Jayanti holiday, keeping the focus on the currency front, where the RBI's record weekly drawdown of reserves to defend the rupee re
Indian markets stayed shut Friday for the Gandhi Jayanti holiday, keeping the focus on the currency front, where the RBI's record weekly drawdown of reserves to defend the rupee remains the headline. Attention now turns to next week's central bank meeting, with rate expectations still unsettled amid a large cash surplus in the banking system. On the political side, opposition protests over voter roll changes continue to build toward an October 10 rally, though markets have largely shrugged it off so far.
Sources
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