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![Akshat_World Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1315735242250973186.png) Akshat Shrivastava [@Akshat_World](/creator/twitter/Akshat_World) on x 416.5K followers
Created: 2025-02-03 14:34:03 UTC

In the last X years: 

- Nifty XX has given XX% returns 
- INR has depreciated to USD by XX% 
- So dollar adjusted returns= XX% 
- Adjust for GST, STT, Capital Gains etc= 47-48% 

CAGR is abysmal. 

Now here is the interesting part: RBI over the last X years -- had been selling its FOREX reserves to save INR. 

Now, looks like this war is lost. 

This is the #1 reason why FIIs are leaving the Indian markets. There is just not enough returns for them to stay interested.


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1886422904302416068/c:line.svg)

**Related Topics**
[forex](/topic/forex)
[capital gains](/topic/capital-gains)
[money](/topic/money)
[united states dollar](/topic/united-states-dollar)
[indian rupee](/topic/indian-rupee)
[nifty](/topic/nifty)

[Post Link](https://x.com/Akshat_World/status/1886422904302416068)