Foriegn Exchange Surplus
FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows
Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore (USD 11.2 billion) on a net basis. With the latest pull-out, FPI outflows on a net basis are Rs 19,940 crore in 2024 so far. Going ahead, the flows from foreign investors into the Indian equity markets would depend on the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate dynamics, the trajectory of the geopolitical landscape, and the third-quarter earnings performance of Indian companies, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. According to the data, FPIs recorded a net outflow of Rs 26,5
 "FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows")
Rupee hits one-month high on foreign fund inflows, traders wary of RBI
RBI has been aggressively buying dollars to prevent sharp appreciation in rupee and ensure export competitiveness
 "Rupee hits one-month high on foreign fund inflows, traders wary of RBI")
Notable increase in foreign exchange purchase by India: US
India's net foreign exchange purchases have risen to around $42 billion
