India central bank says $136.38B forex inflows under 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 funds coming via a diaspora-focused dollar deposit scheme.
By Ira Dugal and Dharamraj DhutiaIndia's central bank said on Wednesday it had attracted $136.38 billion in inflows under its forex swap facility as of August 31, bolstering its ability to shield the rupee from shocks, with most of the funds coming through a diaspora-focused dollar deposit scheme.I…