Interest rates may stay high for longer, hints a key market gauge https://ift.tt/ArWMReI Indexed Swap (OIS) rates, an indicator of how the Reserve Bank of India (RBI) may act on policy rates, have climbed over the past eight days, reversing earlier optimism that rates were likely to head lower in the last quarter of calendar 2023.
Thursday, June 15, 2023
Interest rates may stay high for longer hints a key market gauge
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