Economic TimesLean R·
Foreign investors pull Rs 5,109 cr from govt bonds in 3 days amid global uncertainty
In a recent turn of events, foreign portfolio investors pulled out over Rs 5,109 crore from Indian government securities. This significant withdrawal was driven by global uncertainties and a declining rupee, alongside soaring crude oil prices and increasing US Treasury yields. Such conditions rendered Indian sovereign debt less appealing, prompting capital flight from emerging markets, notably India.
Read at Economic Times →
