RBI sees forex inflows of $72.85 billion via FCNR (B), OFCB, ECB Swap facility
The Reserve Bank of India reported that it has generated $72.85 billion in foreign exchange inflows through specific swap facilities introduced in June 2026. These measures were implemented to bolster forex reserves amid currency depreciation and high import costs.
Why it matters
The success of these swap facilities is critical for stabilizing the Indian Rupee and maintaining the country's macroeconomic stability in the face of global economic pressures.
The Reserve Bank of India (RBI) on Saturday (August 22, 2026) said that $72,85 billion [$72,848 million] of foreign exchange has been generated via FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) under the Reserve Bank Swap facility as on August 21, 2026.
The position of forex inflows as reported by Authorised Dealer Banks to the RBI till August 21, 2026 includes $64.40 billion by way of FCNR (B) deposits; $4.86 billion via OFCBs and $2.59 billion by ECBs.
The RBI had introduced a special USD-INR Forex Swap facility covering FCNR(B)
deposits, ECB and OFCB inflows on June 08, 2026 to swell it’s forex reserve that was under pressure due to depreciation of the Indian Rupee on account of FPI outflow and high oil import bill.
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