USD/INR Rises Amid Foreign Investment Outflows.
Facebook LinkedIn USD/INR Rises Amid Foreign Outflows: Will RBI Intervention and Weak USD Support INR? The Indian Rupee (INR) weakened on Monday as concerns over Foreign Portfolio Investment (FPI) outflows continued to pressure the currency. So far in 2024, foreign investors have pulled over $11 billion from Indian equities, dampening INR sentiment. However, the softening […]