RBI's special USD-INR forex swap facility received total forex inflows of $72.85 billion till August 21, 2026
GK and monthly revision
RBI says forex inflows under swap facility reach $72.85 billion
The RBI announced that its special USD-INR forex swap facility has attracted $72.85 billion in inflows as of August 21, 2026. FCNR-B deposits constituted the bulk at $65.4 billion, reflecting strong NRI confidence. This facility, introduced to manage rupee volatility and boost forex reserves, demonstrates effective liquidity management. For exams, it highlights RBI's monetary tools, FCNR-B scheme significance, and forex reserve composition.
Source: All India Radio News (official). This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
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Key points
Exam-ready takeaways
FCNR-B (Foreign Currency Non-Resident Bank) deposits accounted for $65.4 billion, forming the majority of inflows
The swap facility was introduced by RBI to manage rupee volatility and augment foreign exchange reserves
FCNR-B deposits are term deposits held by NRIs in foreign currency, offering exchange rate risk protection
India's forex reserves crossed $700 billion milestone in 2024, with such facilities contributing to reserve accretion
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