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The rupee held steady and appreciated on Thursday, supported by portfolio inflows tied to Indian bonds joining the JPMorgan emerging market index. Foreign investors bought $181.1 million of shares and $91.6 million of bonds on June 26.
Foreign inflows strengthen the rupee and ease dollar costs for Indian importers, supporting steady purchasing of imported feed inputs.
finimize.comFinimize NewsroomJun 28, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
