{
  "id": 3088536,
  "title": "RBI Forex Swap Facility Attracts $73 Billion Inflows As FCNR(B) Deposits Drive Response",
  "url": "https://urgent.news/2026/08/24/rbi-forex-swap-facility-attracts-73-billion-inflows-as-fcnr-b",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T18:07:06.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/rbi-forex-swap-facility-attracts-73-billion-inflows-as-fcnrb-deposits-drive-response"
  },
  "original_language": "en",
  "account": null,
  "summary": "New Delhi, Aug 24: The Reserve Bank of India's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings (OFCB), and External Commercial Borrowings (ECB), launched on June 8, has driven an unprecedented surge in foreign exchange inflows into the country to the tune of $73 billion as on August 21, according to a Finance Ministry statement on Monday. Forex…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Live Mint",
        "title": "RBI forex swap facility mobilises $73 billion, driven by $65.4 billion in FCNR deposits",
        "url": "https://urgent.news/2026/08/24/rbi-forex-swap-facility-mobilises-73-billion-driven-by-65-4-billion",
        "published": "2026-08-24T17:27:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}