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India's RBI Attracts $143.6 Billion Through Concessional FX Swaps

India's RBI attracted $143.6 billion through concessional ForexThe global foreign-exchange market where currencies are exchanged. It runs through connected institutions, not one giant trading floor.Read More SwapsDefinition Swaps are contracts or financing arrangements that exchange cash flows or exposures between parties. The exact meaning depends on context: it can refer to interest...Read More, led by $132.98 billion of FCNR(B) deposits.

India's Reserve Bank attracted $143.6 billion through a concessional foreign-ExchangeDefinition An exchange is an organised marketplace where buyers and sellers can trade financial assets according to a common set of rules. Examples of assets traded on exc...Read More SwapThe overnight financing adjustment for holding a leveraged position past rollover. It can be a cost or a credit depending on the pair and direction.Read More facility by September 18, RBI data cited by Reuters showed. FCNR(B) deposits supplied $132.98 billion of the total as of August 31, while overseas foreign-CurrencyDefinition A currency is a form of money used to pay for goods and services, measure value, and transfer purchasing power between people and businesses. Examples include t...Read More borrowings and external commercial borrowings contributed $5.32 billion and $5.30 billion. The programme was introduced after the rupee reached record lows earlier in 2026, but the large inflow also creates rupee LiquidityIn price-action language, liquidity is the cluster of orders and stops around obvious highs, lows, and equal levels. It can attract price before the next move.Read More that the RBI may need to absorb.

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