Rollback of farm laws may hurt rupee, debt markets

Last week's decision to repeal the three farm laws is set to weigh on the currency and debt markets as the move could hurt overseas inflows. It's likely to trigger volatility in the markets, sending the rupee lower against the dollar and bond yields higher unless other reforms rekindle global investor interest in Indian assets. Some analysts said equities may not be much affected.


via Economictimes

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