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RBI Forex Swap Facility Inflows Soar to $143.6 Billion
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News18•21-09-2026, 20:00
RBI Forex Swap Facility Inflows Soar to $143.6 Billion
- •Foreign exchange inflows under RBI's special USD-INR forex swap facility have reached USD 143.60 billion.
- •Foreign Currency Non-Resident (Bank) or FCNR(B) deposits increased by approximately USD 5.75 billion, reaching USD 132.98 billion by August 31.
- •Overseas Foreign Currency Borrowings (OFCBs) contributed USD 5.32 billion, and External Commercial Borrowings (ECBs) accounted for USD 5.296 billion.
- •The overall reported inflows under the facility increased by about USD 7.22 billion from earlier provisional figures, driven by FCNR(B) deposits and higher ECB inflows.
- •The RBI introduced this special USD-INR forex swap facility on June 8, 2026, covering FCNR(B) deposits, ECBs, and OFCBs.
Key Questions Answered
Foreign exchange inflows under the Reserve Bank of India’s special USD-INR forex swap facility have risen to a total of USD 143.60 billion.
The facility for External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) will remain available until December 31, 2026.
The increase was driven mainly by an upward revision in Foreign Currency Non-Resident (Bank) or FCNR(B) deposits and higher External Commercial Borrowing inflows.
