India bond traders expect RBI liquidity withdrawal
Indian bond traders anticipate the central bank will absorb surplus banking liquidity using longer-term tools as inflation risks rise. The move prepares the financial system for potential interest rate hikes later this year.
Xurve View
Insights:
Xurve View
India bond traders expect the central bank to absorb a surplus banking liquidity jump of over 5 trillion rupees ($52.3B) using longer-term tools as inflation risks mount.
