Neutral impactEconomy

FCNR deluge fail to trigger 2013-style rupee rally

Economic Times 1 hr ago·17 Aug 2026, 2:01 am

Mobilisation could reach $60-80 billion by September 2026, but the rupee has remained broadly range-bound around Rs 95-96 per dollar. In 2013, the rupee appreciated by around 10-12% following the FCNR(B) programme.

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  • Category: Economy.
  • Assessed as a significant, market-relevant update.

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Summary & analysis by DocStoX. Full story at Economic Times.

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