Indian Rupee Faces Downward Pressure Amid Massive FPI Sell-off
The Indian rupee weakened against the U.S. dollar in early trading sessions this week as Foreign Portfolio Investors (FPIs) offloaded equities worth approximately ₹5,000 crore, signaling a shift in market sentiment within the domestic financial landscape. Understanding the FPI Sell-off Dynamics Foreign Portfolio Investors represent a critical component of India’s capital markets, providing the liquidity…