The global economy is entering a new era of regional trade and advanced technology. Innovation is no longer confined to the West, with China and India emerging as key players. Despite recent foreign investor exits, India’s long-term structural story remains strong.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows