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India to remain on alert for 'hot money' after bond index inclusion

By Economic Times - 9 months ago
India will monitor flows of foreign funds after its inclusion into JPMorgan's emerging market debt index to prevent 'hot money' and volatility in currency and bond markets. The government's concern is with longer-term investors who exit passively without reflecting economic conditions. India plans to raise nearly 200 billion rupees through sovereign green bonds in the 2024/25 fiscal year, maintaining a similar level as last year

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