FPI bond selloff tops Rs 8,000 crore as RBI curbs lift hedging costs

Foreign investors have sold Indian bonds worth over ₹8,000 crore. This follows Reserve Bank of India curbs on speculative rupee trading. These actions have significantly increased hedging costs for investors. Consequently, Indian bond yields have also risen. The selling pressure has been substantial, with daily outflows accelerating after the RBI’s measures were implemented.