India s total imports and exports between January and November 2023 declined 8% and 5%, respectively, from a year earlier. December data has not been released.
Indian importers and exporters left a bigger portion of their foreign currency exposures unhedged in 2023, relying on the Reserve Bank of India holding the rupee in a narrow range..
India s total imports and exports declined by 8 per cent and 5 per cent respectively, between January and November 2023 compared to the same period in the previous year, , hedge funds, imports, exports, rbi intervention
Foreign investors bought bonds under the Fully Accessible Route or FAR worth over 23 billion rupees ($276.25 million) on an average in each of the three weeks since Sept. 22 when JPMorgan said it would include 23 such securities in its widely tracked index from June 2024 onwards.
Foreign investors bought bonds worth 45.3 billion rupees ($545.5 million) on a net basis in August under the Fully Accessible Route (FAR), the biggest such purchase since May.