Fixed Income And Currency Market

8 Nov 2020

Biden win- RBI will have to start issuing MSS bonds to suck out liquidity from fx flows

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Joe Biden winning the US Presidential elections will weaken the USD as the government will float a fresh and huge fiscal package to shore up the covid hit US economy. Fed has indicated continued record low rates and bond purchases, adding huge amounts of USD liquidity into the system.

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Arjun Parthasarathy
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