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·Confidence 90%·Breaking

India Secures $127 Billion in Forex Deposits from Diaspora

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Key takeaways

  • India has raised a record $127 billion in foreign-currency deposits from its diaspora, enhancing its ability to support the rupee amid external pressures.

Analysis

India has raised a record $127 billion in foreign-currency deposits from its diaspora, enhancing its ability to support the rupee amid external pressures.

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