BUSINESSAug 6 · 02:37 UTCBLOOMBERGSamie Modak and Pratigya Vajpayee

Traders in India Dial Back October Rate-Hike Bets After Dovish RBI Speak

Traders in India have dialed back their rate-hike bets for October after hearing dovish comments from the RBI. Consequently, the market is now anticipating that the earliest anticipated rate hike will not occur until December.

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