RBI Wraps Up Dollar Swap Early After Big Inflows Surprise

The RBI decided to end its dollar swap fun a month early, raking in an impressive $127.2 billion! Back in 2013, they only pulled in $26 billion. This time, the rupee barely budged, gaining just 0.18%. NRI deposits have been on a wild ride, dropping from 40% to 12% and bouncing back to 21%. What a financial rollercoaster!