How rupee moved against currencies of major FPIs? Here's what data shows

Bilateral exchange rates show a trend different from that against dollar

The rupee has appreciated against many key sources of foreign investment in the stock market.

The depository data shows that nine of top 10 countries in terms of foreign portfolio investor (FPI) flows were common in both June 2022 and June 2021. The rupee has appreciated against six of the nine countries with respect to their home currencies between June 2021 and June 2022.

It is up 15.96 per cent against the Japanese yen, 9.24 per cent against the Norwegian krone, 7.47 per cent against the British pound, 7.3 per cent against the euro (Ireland and Luxembourg), and 0.53 per