MUMBAI, India, Sept. 2 -- Reserve Bank of India issued the following press release:
RBI had introduced a special USD-INR Forex Swap facility covering FCNR(B) deposits, ECB and OFCB inflows on June 08, 2026. As already announced vide Press Release dated August 14, 2026, the Scheme was open till August 31, 2026 for FCNR(B) deposits, and will be open up to December 31, 2026 for ECBs and OFCBs.
The provisional position* of forex inflows reported by Authorised Dealer Banks till August 31, 2026 under the above facility is given below.
Type Forex inflow
(Amount in USD million) FCNR(B) Deposits 1,27,226 OFCBs 5,260 ECBs 3,891 Total 1,36,377
* pending final reporting, accounting and reconciliation.
(Brij Raj)
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