RBI Shuts FCNR(B) Forex Swap Early After $52.3B Rush
The Reserve Bank of India will close its special forex swap facility for fresh FCNR(B) deposits early on August 31, 2026, after $52.3 billion flowed in through the route. Swaps can be completed until September 11, while ECB and OFCB schemes remain open until December 31, 2026.




















