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The Reserve Bank of India: The foreign exchange deposit swap tool will expire at the end of August.

14/08/2026

The Reserve Bank of India stated in a statement that the FCNR-B deposit swap tool will close on August 31, and swap transactions under this tool can be conducted until September 11. As of now, the bank has raised a total of $56.85 billion under the foreign currency deposit mobilization special plan, of which $52.3 billion comes from FCNR-B deposits.

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