India Assets Takes Moody’s Cut in Stride\, Focus on RBI Support

India Assets Takes Moody’s Cut in Stride, Focus on RBI Support
Indian rupee and U.S. dollar banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Assets Takes Moody’s Cut in Stride, Focus on RBI Support

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(Bloomberg) -- Sovereign bonds in India were marginally lower after Moody’s Investors Service cut the country’s sovereign rating by a notch to the lowest investment grade, a move largely expected b...