Foreign investors are selling Indian stocks at a record pace this year. They have offloaded $18.4 billion in equities, surpassing the previous high. While primary market inflows have slowed, secondary market sales have reached an all-time peak. Domestic funds, however, continue to invest consistently in local equities.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting