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Foreign investors sold a net $1.12 billion of Indian debt in March, the strongest monthly outflow since December 2016, as the rupee's near 2% fall erodes returns. Rising US rates and inflation above the central bank target are adding to outflows.
Capital outflows and a weaker rupee raise the local cost of dollar-priced imports for Indian feed and oilseed buyers.
thewire.inSuvashree Choudhury 26/Mar/2018Mar 26, 2018Not 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.
