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Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record - The Economic Times
India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhotra said. FCNR(B) deposits have already exceeded the 2013 record, but strong dollar demand linked to costly oil imports and weak exporter hedging continues to keep the rupee near record lows.
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thehindubusinessline.com
Inflation remains RBI’s foremost priority: Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra highlights the rupee's undervaluation and strong foreign capital inflows, emphasizing inflation control and stability.
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thehindu.com
RBI sees rupee as undervalued; inflows largely through FCNR (B) touch $32 billion
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial position.
