FPI inflows into FAR G-Secs rise nearly ₹8K cr as rupee gains, yields ease
FPI holdings in FAR government securities rose to ₹3.65 lakh crore on November 9, supported by a stronger rupee and easing bond yields.
Foreign portfolio investors (FPIs) have increased their investments in government securities under the Fully Accessible Route (FAR) by nearly ₹8,000 crore in the first week of November, driven by a strengthening rupee and easing bond yields. FPI holdings in FAR government securities rose to ₹3.65 lakh crore on November 9 from ₹3.57 lakh crore on November 2, an increase of around ₹7,968.782 crore.
The rupee's recovery was supported by softer crude oil prices, stronger foreign fund inflows, and hopes of easing tensions in West Asia.
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- FPI investments in FAR G-Secs rise nearly ₹8,000 cr as rupee gains, bond yields ease thehindubusinessline.com