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RBI’s Special Swap Scheme Attracts $20.72 Billion in Inflows

RBI’s Special Swap Scheme Attracts $20.72 Billion in Inflows

The Reserve Bank of India reported $20.72 billion raised via its foreign currency swap facility as of July 17, with most inflows arriving through the program. The measure is intended to bolster reserves and support currency stability.

Original headline

India's forex boost: RBI's swap scheme raises $20.72 billion so far