India Push for Overseas Capital Draws Over $40 Billion, RBI Says
India's initiatives to attract overseas capital have successfully brought in over $40 billion since June, significantly strengthening the Reserve Bank of India's foreign-currency reserves. This influx of capital is helping policymakers stabilize the rupee, which has faced pressure from rising crude oil prices in global markets.
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India Push for Overseas Capital Draws Over $40 Billion, RBI Says
India's initiatives to attract overseas capital have successfully brought in over $40 billion since June, significantly strengthening the Reserve Bank of India's foreign-currency reserves. This influx of capital is helping policymakers stabilize the rupee, which has faced pressure from rising crude oil prices in global markets.
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