country
CA
Foreign inflows must to put rupee on strong footing
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Economic Times
SynopsisIndia's rupee is underperforming despite strong economic fundamentals, according to the Economic Survey.
Tepid foreign investment has led to a balance of payments deficit, weakening the currency.
Uncertainty surrounding a US trade deal also plays a role.
The survey highlights the need for proactive reforms to attract much-needed foreign capital for sustainable growth and rupee stability.