Where has India’s $73 billion gone? Inside the RBI’s great dollar haul
- Posted on August 25, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
Where has India’s $73 billion gone? Inside the RBI’s great dollar haul
India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹95-96 per dollar. The inflows are primarily strengthening RBIs foreign-exchange buffers rather than being used to push the currency higher.
