Daily
250 words
5/10
Rating

23 August 2026

RBI forex inflows data

The data provides specific context on India's forex management and capital account stability, which is useful for answering questions on macroeconomic policy and resource mobilization.

1 min read Day 8 of 10 1 questions 1 prelims

Notes

  • As of August 21, 2026, the RBI reported total forex inflows of $72.85 billion through specific swap facilities.
  • The inflows are categorized into three main instruments: FCNR(B) deposits, Overseas Foreign Currency Borrowings (OFCBs), and External Commercial Borrowings (ECBs).
  • FCNR(B) deposits account for the largest share of the inflows, totaling $64.40 billion.
  • OFCBs contributed $4.86 billion to the total forex reserves.
  • ECBs under the swap facility accounted for $2.59 billion.
  • The data is compiled based on reports submitted by Authorised Dealer Banks to the RBI.

Part of a longer story

This is day 8 of 10 in RBI foreign currency swap facility, which has been running since 14 July 2026. Reading it whole is usually worth more than reading today alone — the exam asks how something developed.

Questions

  1. Discuss the role of FCNR(B) deposits and swap facilities in strengthening India's foreign exchange reserves. How do these instruments assist the Reserve Bank of India in managing currency volatility? 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. As of August 21, 2026, which instrument contributed the highest amount to the forex inflows reported by the RBI under the swap facility?

Syllabus

Topics

Sources

250words.in · https://250words.in/daily/2026-08-23/rbi-forex-inflows-data