India's $136 billion 2026 story is a balance-sheet transformation, not a cash injection. Indian banks mobilised $136.38 billion in foreign currency between Jun…
Renewed US-Iran conflict pushed crude prices higher. With India importing around 85% of its crude, the rupee weakened against a firm dollar, setting up the RBI's pre-emp…
The RBI unveiled special measures centred on a concessional, hedging-support swap facility for FCNR(B) deposits and eligible foreign borrowings, cutting banks' hedging c…
As FCNR(B) inflows accelerated, the RBI's net short forward dollar position rose to about $137 billion, up from roughly $104 billion in June - the accounting mirror of t…
The Monetary Policy Committee kept the repo rate unchanged at 5.25% with a neutral stance, leaving the swap facility to do the heavy lifting on external stability.
After roughly $52.3 billion of FCNR(B) inflows, the RBI limited the FCNR(B) forex swap facility while keeping the ECB and OFCB windows open - a first sign of concern ove…
Reserves rose $12.4 billion on the week to a record $729.33 billion, passing the previous peak of about $728.5 billion from February 2026.
The FCNR(B) leg closed a month ahead of its original 30 September deadline as inflows outran expectations. Banking-system surplus liquidity reached about ₹6.65 lakh cror…
The RBI's provisional data showed $136.38 billion mobilised: $127.23bn FCNR(B), $3.89bn ECB and $5.26bn OFCB - far above the $50-60bn initially expected.
Surplus banking-system liquidity surged to roughly ₹9.7 lakh crore as most banks swapped their dollar inflows with the RBI, above the previous record near ₹9.2 lakh cror…
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