Dollar Crunch Worries India Traders as Equity Outflows Grow
Updated: 29 Jun 2022, 11:07 AM IST
TL;DR.Traders in India’s foreign-exchange market are bracing for more instances of dollar shortages, as record outflows from the nation’s equities and deteriorating external finances bite.
FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic