Chart of the day | Weighing down the rupee

Chart of the day | Weighing down the rupee

Crisil data indicates that India’s short-term debt due this fiscal year has risen by 25% from a year ago. Corporate India increased foreign borrowings.

Also See | Chart of the day | Weighing down the rupee (PDF)

This outweighs the impact of outflows from portfolios from India on the rupee depreciation.

Graphics by Ahmed Raza Khan/Mint

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