BUSINESSAug 18 · 03:32 UTCBLOOMBERGSubhadip Sircar and Pratigya Vajpayee

Indian Rupee, Bond Bets Retreat as Dollar Swap Window Ends Early

Traders are reducing bets on gains for the Indian Rupee and short-term bonds following India’s decision to close early a special window. This action was implemented to draw foreign-currency deposits, catching market participants off guard.

Nexus surfaces and summarizes. The full story lives at the source.

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Indian RupeetopicBond BetstopicDollar Swap WindowtopicIndiaplaceforeign-currency depositstopic

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