Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation

Markets perceive Fed as being less hawkish

Photo: Bloomberg

Photo: Bloomberg

Rupee and Indian government bonds strengthened on Thursday despite a 75-basis-point (bp) rate hike by the US Federal Reserve as key aspects of the central bank’s commentary were perceived as

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First Published: Jul 28 2022 | 6:24 PM IST

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