Forex inflows under RBI swap facility rise to USD 143.6 billion
The Reserve Bank of India said foreign exchange inflows under its special USD-INR forex swap facility rose to USD 143.596 billion as of August 31, up about USD 7.22 billion from the earlier provisional figure of USD 136.377 billion. FCNR(B) deposits accounted for USD 132.98 billion, while OFCBs and ECBs contributed USD 5.32 billion and USD 5.296 billion, respectively. The RBI had introduced the…
Foreign exchange inflows to the Reserve Bank of India's USD-INR forex swap facility have surged to USD 143.60 billion, according to the latest RBI release. This represents an increase of approximately USD 5.75 billion from the provisional figure reported earlier, bringing the total to USD 143.596 billion. The increase is primarily driven by higher Foreign Currency Non-Resident (Bank) deposits and External Commercial Borrowings.
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- RBI forex swap window draws $143.59 bn, FCNR(B) deposits lead inflows indianexpress.com
- RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIs economictimes.indiatimes.com
- Data on Forex inflows via FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) under Reserve Bank’s Swap facility rbi.org.in
