In January, total inward FDI fell by 13% to $5.8 billion, while net FPI saw a $6.6 billion outflow. Despite this, total inward FDI grew 12.4% year-on-year to $67.7 billion in FY25. The rupee remains overvalued by 2.4% in REER terms but is improving towards its fair value. RBI's market intervention pace has slowed.