Rupee Volatility Sinks to 2008 Low on India Inflows, Oil Decline

  • Foreign purchases of local assets likely to continue: Kotak
  • Yield on 10-year sovereign bonds snaps four-day decline

A gauge of expected swings in the rupee dropped to the lowest level in more than eight years as oil prices tumbled and on signs demand for Indian assets continues to be strong.

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