Going forward, if the recent trend of weakness in dollar and bond yields persists, FPIs are likely to continue their buying in the market, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
RBI’s dollar swap brings liquidity flood, $15 billion boost for forex kitty
The Reserve Bank of India’s foreign exchange reserves increased by $15 billion in the week ending March 7, reaching $653.9 billion. This is the largest