July 20, 2022
Tighter US monetary policy has exacerbated outflows from emerging markets such as India, where foreign investors have withdrawn a net $31 billion in debt and equity this year.
Indian rupee plunges, hits 80 per dollar
Tighter US monetary policy has exacerbated outflows from emerging markets such as India, where foreign investors have withdrawn a net $31 billion in debt and equity this year.