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FIIs turn net buyers; invest $840 million in Indian bonds in 2023 so far

Foreign institutional investors have purchased $840 million worth of Indian bonds so far in 2023. This is a change in the trend as they were net sellers of bonds in the years 2022 and 2021

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Analysts say the RBI is currently focussed on pushing-up India’s GDP growth

BS Web Team New Delhi

Foreign institutional investors have purchased $840 million worth of Indian bonds so far in 2023. This is a change in the trend as they were net sellers of bonds in the years 2022 and 2021, reported Moneycontrol.

 

Central banks around the world have embarked on a route to contain inflation. Their