India to stay alert for ‘hot money’ after bond index inclusion: official
The aim will be to ‘prevent volatility or volatile inflows’ but ‘never’ to restrict outflows, says Somanathan. | Photo Credit: AFP India will monitor flows of foreign funds after its inclusion into JPMorgan’s emerging market debt index and take steps to avoid ‘hot money’ that can trigger volatility in currency and bond markets, a senior…
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