New Delhi, Aug. 24 -- The Reserve Bank of India's special USD-INR forex swap facility has mobilised $73 billion in foreign exchange inflows in just under 11 weeks, with foreign currency non-resident (bank) - or FCNR(B) - deposits accounting for $65.4 billion, according to the finance ministry.

The facility, launched on 8 June for FCNR(B) deposits, overseas foreign currency borrowings (OFCBs) and external commercial borrowings (ECBs), received a strong response from non-resident Indians, prompting the RBI to advance the closure of the FCNR(B) window to 31 August from 30 September.

FCNR(B) accounts are term deposits maintained by non-resident Indians with authorised banks in permitted foreign currencies. The deposits are denominated in fo...