India reportedly drew a record $127B from its diaspora, exceeding even optimistic expectations. The inflow strengthens policymakers’ funding capacity to defend the currency and supports FX stability, which should be broadly supportive for sentiment toward Indian assets.
India reportedly drew a record $127B from its diaspora, exceeding even optimistic expectations. The inflow strengthens policymakers’ funding capacity to defend the currency and supports FX stability, which should be broadly supportive for sentiment toward Indian assets.
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moderately positive
Sentiment Score
0.35
