![Following JP Morgan’s participation in Indian bonds, the rupee and bond prices are higher. Indian bonds - JP Morgan's participation, bond prices are higher.](https://stockeasynow.com/wp-content/uploads/2023/09/image-8.png)
Following JP Morgan’s participation in Indian bonds, the rupee and bond prices are higher.
Following JPMorgan Chase & Co.’s announcement that it will be including Indian government bonds in its benchmark emerging-market index, the value of the Indian rupee and 10-year bonds both increased on September 22. The local currency was up 0.26 percent from its previous close of 83.09 at 9.10 a.m. Opening prices for the local currency…