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FPI outflows hit $3 bn in Nov on cash crisis, US rate hike fears

FPI outflows hit $ 3 bn in Nov on cash crisis, US rate hike fears – Moneycontrol.com
Foreign investors have pulled out close to USD 3 billion from the Indian capital market this month so far on lingering concerns over the government’s demonetisation decision and fears of a rate hike by the US Federal Reserve.

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