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New Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians
India attracted $73 billion in inflows over the course of 11 weeks. This substantial influx was primarily driven by foreign currency bank deposits made specifically by non-resident Indians.
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Adjacent reporting
- India’s Central Bank Says Forex Deposit Inflows at $65.4 Billion
- India Push for Overseas Capital Draws Over $40 Billion, RBI Says
- Rupee Hits Six-Week High as India’s Inflow Measures Draw Demand
- INR/USD: India’s $32 Billion Forex Inflows Yet to Boost Rupee
- India raises $40bn from diaspora to support sagging rupee