Fringe Finance USD Price & Performance (FRINUSD)

Foreign Portfolio Investors (FPIs) reduced their equity outflows last week, narrowing to Rs 1,794 crore. This marks a shift in sentiment, driven by optimism around potential geopolitical de-escalation and improved domestic fundamentals, including lower inflation and a weaker dollar. However, FPIs remain cautious, awaiting further clarity on U.S. interest rates.1

Cryptocurrency prices are climbing, with Bitcoin reaching $72,300 and Ethereum hitting $3,900, spurred by a weaker U.S. dollar and record-high global money supply. Investors are shifting toward crypto as a hedge against traditional assets, with trading volumes surging significantly, reflecting heightened market interest.2

India’s foreign exchange reserves rose by $305 million last week to $654.3 billion, despite ongoing rupee depreciation. The Reserve Bank of India has been actively managing liquidity, balancing the currency’s value. Current reserves can cover 10-11 months of imports, positioning India favorably amidst global economic uncertainties.3