[ad_1] (This story originally appeared in . on 16 June 2022) Mumbai: Net Foreign Fund flow away India has crossed the Rs 2 lakh crore mark in 2022, the highest ever annual figure and more than double the previous high of Rs 80,917 crore recorded in 2018. Overall, over 90%, or about Rs 1.9 lakh crore, was on account of selloff by foreign portfolio investors (FPI) in the stock market, the data shown. Galloping inflation, rising current account deficit, a weak currency and the US Fed’s decision to raise rates…
Friday, September 22, 2023
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