Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record
The Economic Times has reported a new India-focused economy development: “Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record.” The publisher's feed describes the story as follows: 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 continue
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