FPI outflow hits Indian debt amid Middle East tensions
after close1 source ↓written by the desknot a recommendation
- from Fully Accessible
- ₹4,634 cr
- securities fell
- ₹3.26 lakh cr
- on February 27
- ₹3.31 lakh cr
- against the US
- ₹92
Foreign portfolio investors (FPI) have pulled out ₹4,634 cr from Fully Accessible Route (FAR) government securities since the onset of the Middle East conflict. Total FPI investments in FAR securities fell to ₹3.26 lakh cr from ₹3.31 lakh cr on February 27. This trend reflects rising caution among investors due to escalating crude oil prices and a weakening rupee, which is now below ₹92 against the US dollar. 🌍⚡
Not investment advice. For informational purposes only.