RBI to close FCNR(B) window early after $52.3 billion inflows
The Reserve Bank of India will close its special FCNR(B) deposit window on August 31, a month earlier than planned, after banks mobilised $52.3 billion by August 13. Banks can swap these…
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RBI closes FCNR(B) swap window early after $52.3 bn inflow
The Reserve Bank of India has brought forward the closure of its special FCNR(B) deposit swap facility to August 31 after banks raised $52.3 billion (over Rs 4.9 lakh crore) in just…
India’s forex reserves surge $10.5 billion to $692.87 billion
India's foreign exchange reserves rose by $10.51 billion to $692.87 billion for the week ended July 31, the RBI said on Friday. The increase follows a $6.12 billion gain the previous week.…
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