RBI Supports Rupee Amid Foreign Stock Outflows in India

The Reserve Bank of India (RBI) has taken measures to support the rupee as foreign investors continue to withdraw from Indian stocks. Bloomberg posted on X, highlighting the persistent trend of foreign outflows affecting the stock market. Despite these challenges, local funds have maintained their purchasing activity, providing some stability to the market. The RBI's intervention aims to mitigate the impact of these outflows and stabilize the currency. This situation reflects ongoing economic dynamics in India, where domestic investors play a crucial role in counterbalancing foreign investment trends.