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India rates: Spreads seen narrowing further – DBS

DBS Group Research strategist Sherilyn Chew contrasts India’s domestic backdrop with Indonesia, arguing India is deeper into a tightening phase.

DBS Group Research strategist Sherilyn Chew contrasts India’s domestic backdrop with Indonesia, arguing India is deeper into a tightening phase.

Markets are pricing a possible Reserve Bank of India (RBI) hike in October, with liquidity surplus falling after RBI draining measures.

Market commentary only, not advice. 41 words on the desk. Trading involves risk. Headline credited to FXStreet.

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