Dossier
Foreign Outflows
Coverage of Foreign Outflows in the Nexus archive.
- India scraps capital gains tax for foreign bond buyers to shore up rupee
India has eliminated capital gains tax for foreign bond buyers to strengthen the rupee. The central bank maintained interest rates despite currency pressures from foreign outflows and the Iran war.
- Pricey Crude May Pressure Indian Rupee, Trigger More Foreign Outflows
The Indian rupee fell to a record low against the dollar amid concerns that 50% US tariffs will harm economic growth and corporate earnings. High crude oil prices are exacerbating pressure on the currency and triggering increased foreign outflows.