Foreign direct investment inflows steady at US$ 29.54 billion in April-Nov FY2019

Capital Market 

inflows ease to US$ 1.8 billion in November 2018

As per the latest data from the (RBI) the inflows of foreign direct investment inflows to remained healthy at US$ 29.54 billion in April-November period of financial year ending March 2019 (FY2019) compared with US$ 31.55 billion in the corresponding period of last year. The inflows were robust at US$ 45.521 billion in the full financial year FY2018.

inflows for the month of November 2018 have moderated to US$ 1.8 billion from US$ 4.76 billion in October 2018 and US$ 3.14 billion in November 2017.

Reinvestment of earnings from FDI has increased substantially to US$ 8.91 billion in April-November FY2019 up from US$ 8.09 billion in the corresponding period of last year. The reinvestment of earnings from FDI had stood at US$ 12.54 billion in FY2018.

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First Published: Fri, January 11 2019. 10:54 IST