# RBI Keeps FCNR Deposit Window Open Until 30 September

2026-08-06T11:26:34+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

India’s foreign exchange reserves rose by $10.5 billion to $692.9 billion in the week ended 31 July, the RBI said, their biggest weekly gain in six months. The rupee gained 1.2% that week, closing at 95.38 to the US dollar. The RBI will let its special FCNR(B) deposit window run until 30 September, Governor Sanjay Malhotra said, despite strong inflows. Livemint reports that India mobilised $40.8 billion in 53 days through FCNR(B) deposits, external commercial borrowings and overseas foreign-currency borrowings, with FCNR(B) accounting for 90%. Malhotra expects a healthy balance of payments surplus in FY27. The RBI said reserves cover more than 10 months of imports and 90.8% of external debt.

## Coverage

- livemint.com <https://www.livemint.com/economy/rbi-sanjay-malhotra-fcnrb-deposits-boost-india-balance-of-payments-surplus-11785910110406.html>
- timesnownews.com <https://www.timesnownews.com/business-economy/economy/indias-forex-reserves-jump-by-10-5-billion-in-a-week-heres-whats-driving-the-surge-article-155310822>

Tags: balance of payments, capital flows, FCNR deposits, RBI, rupee
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