Peace in a piecemeal manner

SBI Research
August pause most likely even as Q1 FY27 GDP growth likely to surpass ~7%... $35 bn capital inflows till July end has enabled foreign exchange recoup of $12.5 bn till July 24 and vacating outstanding forward position by $13 bn in the short end (up to 3 months) till June end..Meanwhile July monsoon rains has been plentiful…

 
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