Market move● Neutral for Indian equities
Fed rate hike impact: IMF tells India to let exchange rate act as shock absorber
The brief
- The IMF says India’s impact depends on the Fed tightening’s magnitude, pace and persistence
- A more flexible rupee could affect import-heavy Indian companies and exporters
- Let exchange rate act as shock absorber: IMF
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- The macro manifesto: Decoding the new world order & re-routing of smart money
- Lebanon needs reforms to secure new IMF program, fund says
- Bond markets functioning in orderly manner, IMF says
ETMarkets Smart Talk | Fed tightening returns: Ritesh Nambiar on what it means for Indian bonds and the rupee
Sunday, 4 October
- Fed rate hike impact: IMF tells India to let exchange rate act as shock absorber