India's FX curbs drove foreign bond exits, stoking selloff, Nuvama's Marwaha says
The Indian central bank's foreign exchange curbs prompted overseas investors to take profits in the South Asian country's government bond market, sparking a selling cycle that sent borrowing costs to a two-year high, a top fixed-income official at the Nuvama Group said on Tuesday.
The Indian central bank's foreign exchange curbs prompted overseas investors to take profits in the South Asian country's government bond market, sparking a selling cycle that sent borrowing costs to a two-year high, a top fixed-income official at the Nuvama Group said on Tuesday.
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