Capital outflow increased in July

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Capital outflow increased in July

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The outflow of $ 70.90 million was recorded in the month of July.

31 July,2011 11:31 pm

According to the facts and figures released by the State Bank foreign investors invested $ 30.26 million in convertible rupee account from July 1 to July 31, while $ 70.90 million were withdrawn during the same period.The investment during this month remained in negative territory.The US investors withdrew $ 20.30 million alone.