RBI forex swap window draws $143.59 bn, FCNRB deposits lead inflows
The Reserve Bank of India (RBI) reported $143.596 billion in inflows through its forex swap facility by September 18, primarily from Foreign Currency Non-Resident (Bank) deposits totaling $132.98 billion. The RBI plans to close the window for new FCNR(B) deposits on August 31, ahead of the original September 30 deadline, due to strong demand.