FX & Currency #forex#rbi
RBI's Swap Scheme May Attract $80-85 Billion in Forex Inflows, Says SBI Report
The Reserve Bank of India's concessional swap facility could attract $80-85 billion in foreign currency inflows, led by FCNR(B) deposits, according to a report by SBI Research. By July 17, inflows reached nearly $20 billion, providing a positive reprieve for India's external sector. The report projects a balance of payments surplus of over $50 billion for FY27.
Jul 27, 2026 1 source