FPIs pump $2.8 billion in August so far amid falling crude prices and receding inflation worries

Since July 1 so far, FPIs have invested close to $ 3.5 billion, the highest among emerging markets excluding China, according to Bloomberg. The crude oil prices and FPI investment share a high negative correlation. Easing crude oil prices tend to increase FPI interest in commodity consumers such as India and away from producing countries.

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