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High Global Interest Rates May Constrain Govt Spending On Welfare, Infrastructure

“Whenever the US increases interest rates, the whole world gets affected, and India is no exception,” Shah said. A diver...

“Whenever the US increases interest rates, the whole world gets affected, and India is no exception,” Shah said. A divergence between US and Indian interest rates could put pressure on currency markets, while higher US Treasury yields make American assets more attractive to foreign investors

SOURCE: Deccan Chronicle Politics
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