RBI Special Swap Facility Attracts $40.8 Billion in Foreign Inflows

The Reserve Bank of India's (RBI) special swap facility successfully attracted $40.8 billion in foreign inflows by the end of July.

This influx of capital serves as a significant boost to India's foreign exchange reserves, strengthening the country's external financial position.

The data highlights the effectiveness of the central bank's liquidity management tools in encouraging foreign investment during the current fiscal period.