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BUSINESSAug 1 · 05:14 UTCBLOOMBERGSantosh Nair

India Push for Overseas Capital Draws Over $40 Billion, RBI Says

India's efforts to attract overseas capital have generated over $40 billion since June, increasing the Reserve Bank of India’s (RBI) foreign-currency reserves. The inflow aims to stabilize the rupee amid rising crude oil prices.

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IndiaplaceReserve Bank of Indiaorganizationoverseas capitaltopicforeign-currency bufferstopicRupeetopicCrude pricestopic
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