Mumbai. Tuesday, 9 June 2026 The Reserve Bank of India (RBI) has strategically activated a specialized US Dollar–Rupee swap facility. This monetary mechanism specifically targets fresh Foreign Currency Non-Resident [FCNR(B)] deposits mobilized by commercial banks from Non-Resident Indians (NRIs). As global financial markets experience macro-economic shifts, this policy serves a …
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Matribhumi Samachar English