INDIA – Torrent of foreign money threatens India’s tight grip on rupee (Subhadip Sircar and Anirban Nag, Al Jazeera, Bloomberg)

A relentless torrent of funds rushing into India’s markets may tip the central bank’s delicate balancing act in 2021.

For most of this year, the Reserve Bank of India has capped currency gains as global investors poured around $50 billion into stocks and stakes in companies. This has boosted rupee liquidity in a banking system that’s already flush with cash from the RBI’s stimulus measures.

https://www.aljazeera.com/economy/2020/12/15/fund-rush-into-india-may-tip-central-banks-balancing-act

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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