UBS has advised shorting the Indian rupee for now, which means FIIs may remain outside the Indian market for some time. Indian GDP growth is not looking impressive; at one point, China achieved over 10% GDP growth, while we have only managed to reach
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Anonymous 1
Stealth • 4h
Shorting the rupee might be a smart move in the short term, but India still has strong fundamentals. FIIs always return when the dust settles
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