RBI reports $40.82 billion mobilized under its forex swap facility by July 31, enhancing India's balance of payments and capital inflows.

RBI reports $40.82 billion mobilized under its forex swap facility by July 31, enhancing India's balance of payments and capital inflows.

The Reserve Bank of India’s (RBI) foreign currently swap facility operationalised through Foreign Currently Non-Resident-Bank {FCNR(B)} deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) to mobilise foreign exchange has generated more than 20 billion, according to data released by the central bank on Monday.