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RBI continues to shop for US bonds for 4th month in a row | Economic Times

RBI continues to shop for US bonds for 4th month in a row https://ift.tt/PG0A9tY in US treasury has a twin advantage at a time when the US Federal Reserve is increasing rates and the dollar is getting stronger, said Bank of Baroda chief economist Madan Sabnavis. It helps gain higher returns in the long term. "Also, investment value remains strong. Any other currency will face depreciated value on principal in the present environment," he said.
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