Traders Left Scratching Heads as India Closes Dollar Window Early

Traders were left scratching their heads when India decided to close its dollar deposit window earlier than expected. Citigroup thinks the rupee's gains will be limited, while Goldman Sachs is playing it safe. The market reacted quickly, with the rupee slipping and short-term yields rising. Looks like the cash flow party might be winding down, and everyone is rethinking their strategies.