RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research
- Posted on August 18, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research
FCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreign currency inflows that are set to greatly benefit the nation's external economic stability. The Reserve Bank of Indias deposit scheme has successfully attracted considerable foreign exchange investments. This initiative's goal is to enhance external liquidity, with forecasts indicating an appreciation of the rupee against the US dollar shortly.
