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Bullish bets on Indian rupee rise, yuan longs recede

Updated : March 28, 2019 12:42 PM IST

Investors piled on long rupee bets in a return to bullishness earlier this month after a year, the poll of 12 respondents showed.
The confidence rode on brightening re-election prospects of Prime Minister Narendra Modi and his ruling Bharatiya Janta Party, translating into inflows of $5.99 billion so far this year into equities.
Bullish bets on Indian rupee rise, yuan longs recede

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