RBI's Forex Inflows Soar to $72.85 Billion Thanks to NRIs

The Reserve Bank of India just announced a jaw-dropping $72.85 billion in foreign exchange inflows as of August 21, 2026! Non-resident Indians are the stars here, contributing $65.39 billion through FCNR(B) deposits. The RBI is closing the swap window early on August 31 due to this fantastic response, but banks might feel a pinch in their margins. Stay tuned for more updates!