RBI Shock Erases Best BRIC Gain on $8 Billion Exit

RBI Shock Erases Best BRIC Gain on $8 Billion Exit

Dhiraj Singh/Bloomberg

A cycle rickshaw driver and a motorist sit waiting at a traffic signal outside the Reserve Bank of India (RBI) building in Nagpur, India. The RBI’s tightening measures may push up yields further and the South Asian nation may unveil more steps to stabilize markets, according to Goldman Sachs Group Inc.