India is CRASHING and it’s Quietly Spreading to the Rest of the World
India has suffered a major currency drop, serious interbank liquidity problems, one of the largest central bank FX interventions in its history, a stock rout, and, for good measure, the third of three straight negative CPIs. And that's just the last four days. Eurodollar University's Money & Macro AnalysisBloomberg India Central Bank Punishes Rupee Speculators in Surprise Movehttps://www.bloomberg.com/news/articles/2025-02-11/india-central-bank-intervenes-to-curb-speculative-rupee-betsReters Indian central bank hikes overnight fund infusion post heavy FX interventionhttps://www.reuters.com/business/finance/indian-central-bank-infuse-record-overnight-funds-post-heavy-fx-intervention-2025-02-12/Bloomberg Modi Returns to US With Lost Clout as Stock, Economic Boom Fadeshttps://www.bloomberg.com/news/articles/2025-02-12/modi-returns-to-us-with-lost-clout-as-stock-economic-boom-fadesBloomberg Indian Stocks Trim Losses as Dip Buying Provides Respitehttps://www.bloomberg.com/news/articles/2025-02-12/indian-stocks-slump-to-lowest-since-june-as-global-funds-fleehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU