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India Cuts Bond Tax, Eases Access for Global Funds to Lift Rupee

India’s central bank and government unveiled a “bazooka” package to support the rupee after it plunged to a record low, dusting off a 2013 taper tantrum-era playbook to spur foreign inflows.

India Cuts Bond Tax, Eases Access for Global Funds to Lift Rupee

India’s central bank and government unveiled a “bazooka” package to support the rupee after it plunged to a record low, dusting off a 2013 taper tantrum-era playbook to spur foreign inflows.

Macro Bloomberg Jun 5, 2026

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