Why the Recent Massive Outflow of Capital Matters for India - The Wire

Unlike previous episodes of sudden stops and reversals, the recent volume of outflows is much higher, and could accentuate financial vulnerabilities while worsening overall macroeconomic instability.

For the past nine months, foreign portfolio investors (FPIs) have been on a heavy selling spree in the Indian financial markets. According to data compiled by the National Securities Depository Limi… [+17195 chars]

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