Rupee Advances Most in a Week on Bets Fed to Delay Rate Increase

Updated on
  • China factory data adds to concern about global economy
  • Indian 10-year sovereign bonds rise as GDP growth slows

India’s rupee advanced the most in a week on speculation the U.S. Federal Reserve will refrain from raising interest rates this month as the global economy remains fragile.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.