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reserve bank of india

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Foreign investment flow slows, but surging services exports may lead to current account surplus in Q4 – Heemang Parmar

[ad_1] India’s external account faces slowing foreign fund inflows — both in direct investment as well as portfolio flows — as a fallout of monetary tightening in the western economies. The ebbing fund flows are putting pressure on the local currency while the falling global crude prices and surging services Read more…

By Heemang, 2 years ago
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rupee rate today: Rupee slips on safe-haven dollar demand, Fed minutes in focus – Heemang Parmar

[ad_1] The Indian rupee declined against the U.S. currency on Monday, weighed by the dollar index’s jump and the Chinese yuan’s weakness. The rupee last traded at 81.84 to the dollar, down from 81.6850 on Friday. The local unit held a narrow 81.75 to 81.90 range during the session. It Read more…

By Heemang, 2 years ago

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