Morningstar

RBI Reports $72.85 Billion in Foreign Currency Raised by Banks as of August 21

New Delhi, August 22: The Reserve Bank of India (RBI) announced on Saturday that authorized dealer banks have raised a total of $72.848 billion in foreign currency under the central banks special swap facility as of August 21. The largest contribution came from Foreign Currency Non-Resident (Bank) deposits, known as FCNR(B), which accounted for $65.397 ... Read more RBI Reports $72.85 Billion in Foreign Currency Raised by Banks as of August 21