Currency & FX #forex#rbi
Forex Inflow Crosses $20.7 Billion Under RBI Special Swap Scheme
Banks have mobilised over $20.7 billion in foreign exchange inflows under the Reserve Bank of India's special swap scheme, operationalised on 8 June 2026. The bulk came through FCNR(B) deposits at $17.4 billion, with smaller contributions from OFCBs and ECBs. The scheme aims to strengthen India's balance of payments and incentivise capital inflows.
Jul 22, 2026 1 source