Foreign Investors Face Wipeout As Rupee Becomes Asia's Worst Performer
Any sell-off in foreign holdings of Indian corporate and government bonds may set off a spin which weakens the currency further.:
The risk of overseas investors in rupee bonds getting caught wrong-footed and weakening India's currency further is surging as losses this month outpace Asian peers amid mounting geopolitical tensions in the region.
A sharp drop in the rupee may wipe out mos...
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