- Wealth PMS (50L+)
A look at the proceedings in forex in the last month tell us a story:
• While the rupee was flat against the dollar, it appreciated vis-a-vis the yen, pound and euro.
• Foreign Investor interest in Indian markets waned and then returned.
• Biggest ever FPI investments come to India in 2014.
• RBI buys a big chunk of inflows for reserves; is it a precursor . . .