https://www.taxtmi.com/news?id=17831 Rupee appreciation in February-March 2017 followed significant capital inflows-both portfolio and FDI-with net capital inflows more than covering the current account deficit and increasing foreign exchange reserves. Net foreign investment inflows were sizable in 2016-17 and FII flows recovered since February after an earlier negative phase; FDI inflows remained robust. The strengthening of the rupee is attributed to investor confidence arising from favourable growth prospects and stable macroeconomic fundamentals such as low inflation, a contained current account deficit and adequate forex reserves. en-us Sat, 08 Apr 2017 10:23:02 +0530 Sat, 08 Apr 2017 10:23:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17831 Rupee appreciation in February-March 2017 followed significant capital inflows-both portfolio and FDI-with net capital inflows more than covering the current account deficit and increasing foreign exchange reserves. Net foreign investment inflows were sizable in 2016-17 and FII flows recovered since February after an earlier negative phase; FDI inflows remained robust. The strengthening of the rupee is attributed to investor confidence arising from favourable growth prospects and stable macroeconomic fundamentals such as low inflation, a contained current account deficit and adequate forex reserves. News - Sat, 08 Apr 2017 10:23:02 +0530 https://www.taxtmi.com/news?id=17831