Over $20 billion mobilised through RBI’s special swap facility
The Reserve Bank of India (RBI) mobilised over $20 billion through its foreign currency swap facility, which began on June 8, 2026. This facility, utilizing Foreign Currency Non-Resident Bank deposits, External Commercial Borrowings, and Overseas Foreign Currency Borrowings, has attracted significant interest and steady foreign exchange inflows. The data released by the central bank indicates strong demand for this financial mechanism, reflecting confidence in India's forex market.