Datos observables compartidos por todas las narrativas
Increased LRS outflows and NRI deposit withdrawals raise demand for foreign currency, putting downward pressure on the Indian rupee.
Esto no es asesoramiento de inversión. La exposición de mercado se basa en análisis condicional de eventos.
India's Liberalised Remittance Scheme (LRS) outflows rose by more than 10% in March, mainly due to increased overseas travel spending by Indian residents. Overseas travel spending fell to $1.09 billion in March, indicating a shift in the pattern of remittances and travel demand. Meanwhile, Non-Resident Indians withdrew $2 billion from Indian bank deposits, affecting capital flows and foreign exchange reserves.