RBI’s forex swap window draws $72.85 billion inflows till August 21
The Reserve Bank of India (RBI) reported $72.85 billion in foreign exchange inflows through its forex swap window by August 21. The majority, $65.397 billion, came from Foreign Currency Non-Resident (Bank) deposits. The RBI plans to close the facility early on August 31 due to the strong response, ahead of the original deadline of September 30.