RBI's FCNR, forex schemes draw $40.81 billion in inflows so far
Economic Times 1 hr ago·1 Aug 2026, 5:20 am
India's central bank has taken proactive steps to attract foreign capital, resulting in significant inflows. The measures have helped draw in a substantial amount of foreign exchange, which can help stabilize the currency and support economic growth. The large inflows are a positive sign for the economy, as they can help meet the country's external financing needs and support investment. This can have a positive impact on the broader market, as a stable currency and strong external finances can boost investor confidence. Investors should watch for further developments in the central bank's policies and their impact on the economy. The ability to attract and maintain foreign capital will be important for India's economic growth and stability, and will likely be closely watched by investors.
Excerpt from Economic Times
Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India facilitated a total of $40.81 billion in foreign exchange influx, of which $36.7 billion derived from Foreign Currency Non-Resident deposits. Support also came through swap…Read the original at Economic Times
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