India seen as last BRIC standing

Analysts and arrangers increasingly bullish on rupee-denominated bonds judging by the mood at FinanceAsia's latest Annual Borrowers and Investors Forum in Singapore.

India seen as last BRIC standing

Top debt issuers and lead arrangers at FinanceAsia's latest Annual Borrowers and Investors Forum, Southeast Asia, cohered around a positive outlook for rupee assets on Thursday.

“I think the dollar has topped out and our favourite local currency asset denomination right now is the rupee,” Kaushik Rudra, head of rates and credit research at Standard Chartered, said to a packed hall in Singapore, encapsulating the optimistic view.

Rudra referenced...

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