US EditionMove to widen investor base: Chief economic adviser V Anantha Nageswaran
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Move to widen investor base: Chief economic adviser V Anantha Nageswaran
The Chief Economic Adviser, V Anantha Nageswaran, has stated that the inclusion of Indian government bonds in JP Morgan's benchmark emerging market index, scheduled for June 2024, will have several positive effects. It will broaden the investor base, potentially lead to an appreciation of the rupee, and reduce the burden on Indian financial institutions to buy government bonds.
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