India's RBI attracted $143.6 billion through concessional forex SwapsDefinition Swaps are contracts or financing arrangements that exchange cash flows or exposures between parties. The exact meaning depends on context: it can refer to interest...Read More, led by $132.98 billion of FCNR(B) deposits.
India's Reserve Bank attracted $143.6 billion through a concessional foreign-ExchangeDefinition An exchange is an organised marketplace where buyers and sellers can trade financial assets according to a common set of rules. Examples of assets traded on exc...Read More SwapDefinition A swap is a financial arrangement in which two parties exchange sets of cash flows, payments, or financial exposures according to agreed terms. In retail forex, th...Read More facility by September 18, RBI data cited by Reuters showed. FCNR(B) deposits supplied $132.98 billion of the total as of August 31, while overseas foreign-CurrencyDefinition A currency is a form of money used to pay for goods and services, measure value, and transfer purchasing power between people and businesses. Examples include t...Read More borrowings and external commercial borrowings contributed $5.32 billion and $5.30 billion. The programme was introduced after the rupee reached record lows earlier in 2026, but the large inflow also creates rupee LiquidityDefinition Liquidity describes how easily buying and selling can occur without requiring a large change in price. A liquid market generally has active participation...Read More that the RBI may need to absorb.
