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Bond investors shun India, citing lack of reassurance from RBI

Updated : July 26, 2018 12:17 PM IST

Amid all the noise about an increasingly hawkish US Federal Reserve, a trade war and higher oil prices, the Reserve Bank of India's silence is deafening, say investors piling out of the country's bonds.
India has seen the largest bond outflows in Asia this year, and investors say the RBI's laconic communication has added uncertainty in an already challenging environment for emerging markets, especially those countries running current account deficits.
The Indian rupee hit a record low of $69.13 on Friday and has fallen 7 percent so far in 2018, the most in Asia.
Bond investors shun India, citing lack of reassurance from RBI
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