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Finance

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Finance·26 Aug 2026, 3:45 am

RBI’s special USD–INR forex swap facility mobilises about $72.85 billion by Aug 21, 2026; FCNR(B) deposits account for bulk

Stage-B corroborated sources report the Reserve Bank of India’s special USD–INR forex swap facility had drawn about USD 72.85 billion as of August 21, 2026, with FCNR(B) deposits contributing roughly USD 65.397 billion. The RBI has also run Variable Rate Reverse Repo (VRRR) auctions in late August 2026 to absorb surplus rupee liquidity.

Finance | The Academica