Foreign investors buy record $1.5 billion in Indian bonds

Foreign investors buy record $1.5 billion in Indian bonds

Foreign investors bought over $1.5 billion of index-eligible Indian bonds on Monday, the biggest one-day purchase, Bloomberg reported. The inflows came as oil fell below $80 after the US-Iran peace agreement, while the rupee strengthened to ₹94.56 per dollar and Indian equities rose for a third session.

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