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ET Graphics: BoP stability tested by outflows & Rupee fall
India's external accounts are under strain. The current account deficit is widening, and capital may flow out. The rupee has weakened significantly. Policymakers are considering various measures beyond interest rate hikes to stabilize the currency. These include incentives for foreign deposits and liberalizing capital inflows. State-owned banks may also issue foreign currency bonds.
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timesofoman.com
Rupee likely to remain under pressure amid weak capital inflows, higher import bill: India Ratings' Chief Economist Pant
The Indian rupee is likely to remain under pressure due to weakening capital inflows, rising import dependence, elevated crude oil prices and a widening current account deficit
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economictimes.indiatimes.com
ET Graphics: BoP stability tested by outflows & Rupee fall
India's external accounts are under strain. The current account deficit is widening, and capital may flow out. The rupee has weakened significantly. Policymakers are considering…
