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Accommodation policy cheers rupee bond bulls in India

Published Wed, Dec 2, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Mumbai

RESERVE Bank of India governor Raghuram Rajan gave Indian bond bulls confidence to forecast an end to a two-month jump in yields.

Even as he left benchmark interest rates unchanged on Tuesday, Mr Rajan said inflation risks are to the downside and he "will use the space for further accommodation, when available".

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