New Delhi, July 20 -- The Reserve Bank of India's (RBI) concessional swap facility has attracted more than $20.7 billion ( Rs.2 lakh crore) in foreign exchange inflows till July 17, reflecting strong investor appetite for the central bank's initiatives which are aimed at strengthening the country's balance of payments.

In a press release issued on Monday, the RBI said the swap facility, introduced in June to encourage foreign currency inflows, "has seen avid interest and attracted steady forex inflows since June 8, 2026."

RBI had announced a series of measures including a facility for offering concessional swaps for fresh FCNR(B) deposits, OFCB and ECB inflows, on June 5, 2026. This facility was operationalized on June 8, 2026.

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