India dollar-mobilisation special FCNR(B) window attracted $127 billion
RBI’s June 2026 special FCNR(B) window for dollar mobilisation attracted $127 billion by end-August 2026, exceeding initial expectations.
India’s latest dollar-mobilisation exercise drew far more than the RBI may have initially expected. The special FCNR(B) window, introduced in June 2026 to ease pressure on the rupee and support the country’s external account, attracted $127 billion by the end of August 2026.