Image: Traders UnionIndian markets eye portfolio inflows as rupee holds range and bond yields face liquidity pressure
• Indian markets are currently balancing portfolio inflows against central bank actions as the rupee remains steady amid liquidity pressures this week. • State Street Investment Management economist Krishna Bhimavarapu suggests an October policy rate increase is possible if overnight rates stay below the repo rate. • A potential rate hike could help the central bank restore credibility regarding its ability to control inflation.
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