Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
What does India's inclusion in JPMorgan Emerging Markets bond index mean?
short by Hiral Goyal / on Friday, 22 September, 2023
JPMorgan's move to include Indian government bonds in its benchmark emerging markets index is most likely to bring in an influx of foreign money of as much as $25-50 billion into Indian markets, as per analysts. It will also allow the Indian government to raise money from international investors, easing pressure on the domestic market and increasing demand for rupee.
read more at BQ Prime