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News for India > Business > FCNR scheme draws billions, but does little to ease rupee pressure | Stock Market News
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FCNR scheme draws billions, but does little to ease rupee pressure | Stock Market News

Last updated: September 1, 2026 5:41 am
40 mins ago
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As of 21 August, total inflows under the three swap windows had reached $72.85 billion, including $65.4 billion through FCNR(B), $4.86 billion through OFCBs and $2.59 billion through ECBs. The RBI also brought forward the FCNR(B) closure date to 31 August from 30 September, citing the “encouraging response”. Swaps against eligible deposits, however, can continue with the RBI until 11 September.



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