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The Economic Times
The Economic Times
Business

Indian bonds clock first weekly rise in five on dovish RBI, easing crude

Indian government ​bonds ended little changed on ​Friday, but posted their first weekly rise in five ​weeks, as a fall in oil prices and dovish central bank commentary boosted market appetite.

The Reserve Bank of India kept the repo rate ‌unchanged on Wednesday, ⁠but cut ⁠its headline and core inflation forecast for the year, while promising sufficient ​liquidity for the banking system, allying concerns for a near-term rate hike.

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