India’s push to attract overseas capital has brought in more than $40 billion since June, boosting the RBI’s foreign-currency buffers as policymakers seek to stabilize the rupee amid rising crude prices.
India Push for Overseas Capital Draws Over $40 Billion, RBI Says
India’s push to attract overseas capital has brought in more than $40 billion since June, boosting the RBI’s foreign-currency buffers as policymakers seek to stabilize the rupee amid rising crude prices.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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