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RBI's forex swap facility draws over $136 billion; morethan $127 billion mobilised via FCNR (B) deposits

The RBI had introduced a special USD-INR forex swap facility covering these instruments on June 8 this year to deal with forex outflows due to high oil prices and flight of capital owing to exit of Foreign Portfolio Investors (FOIs) from the stock market

This story summarizes reporting from The Hindu. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The Hindu
The Hindu2 Sept 2026, 01:36 pmUpdated 2h ago1 min readBusinessIndia
RBI's forex swap facility draws over $136 billion; more than $127 billion mobilised via FCNR (B) deposits

IndiaThe Hindu

The RBI had introduced a special USD-INR forex swap facility covering these instruments on June 8 this year to deal with forex outflows due to high oil prices and flight of capital owing to exit of Foreign Portfolio Investors (FOIs) from the stock market

This report is published with credit to The Hindu. The wire sent a summary; open the original for any extra context. Read on The Hindu

Source: The Hindu. Published 2 Sept 2026, 01:36 pm.

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