FII investment zooms past $50 bn
Published Monday, April 09, 2007 by Money Man Mike | E-mail this post
Taking into consideration their $1.08 billion investments in the debt market, total FII investment, as on on Tuesday, was pegged at $51.06 billion. Although their investment aggregated at $50 billion now, the market value of the investment at the current exchange rate of Rs 44.68 per dollar is a whopping $ 117.13 billion (Rs 5,25,280 crore).
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