Bonds Pay the Price for Indiaโs Rupee Defense as Rate Bets Build
Indiaโs fight to stabilize the rupee is starting to exact a price in the bond market, as traders ramp up bets on faster interest-rate hikes.
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Indiaโs fight to stabilize the rupee is starting to exact a price in the bond market, as traders ramp up bets on faster interest-rate hikes.
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Tokyo, Sept. 28 (Jiji Press)--Calls to speed up interest rate hikes were expressed at the Bank of Japan's July 30-31 policy-setting meeting amid rising inflation risks, minutes showed on Monday. According to the minutes, a BOJ Policy Board member said that the risk of waiting could no longer be considered marginal. The member emphasized the need for the central bank to accelerate the pace o...