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Indians Plow Record Funds Into Foreign Stocks, Debt in June

Source: Bloomberg

Emerging MarketsCurrency & FXMarket Technicals & FlowsInvestor Sentiment & Positioning

In June, Indians sent a record amount of money abroad to buy equity and debt, indicating accelerating overseas diversification by local investors. The outflow reflects continued foreign allocation behavior rather than a reported shock, implying modest implications for EM portfolio flows and FX-sensitive demand.

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