Tag
Balance of Payments
2 articles
RBI Closes Forex Swap After $52bn Inflows
RBI announced early closure of its zero‑cost forex swap facility for banks, moving the deadline to August 31 from September 30.
The facility attracted $52.3 billion in FCNR deposits between June 8 and
RBI Swap Facility Attracts $20.7bn Inflows
RBI issued a press release reporting foreign exchange inflows under its swap facility up to July 17 2026, totaling $20.718 billion.
The facility, announced on June 5 2026 and operational from June 8 2