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Live News CENTRAL_BANK ARTICLE M impact

India reports $136.38 billion forex inflows via swap facility

India’s central bank said it attracted $136.38 billion in forex inflows under its forex swap facility as of Aug. 31, with most coming through a dollar deposit scheme for the diaspora.

DXYINDIA

India's central bank said on Wednesday it had attracted $136.38 billion in inflows under its forex swap facility as of August 31, with most of these coming via a dollar deposit scheme aimed at the diaspora.Banks in India received $127.23 billion via foreign currency non-resident deposits, $3.89 bil…