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India RBI strengthens reserves and foreign inflows

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Latest: Reserve Bank of India imposes uniform deposit rates, new transparency rules from Oct 1

In early July 2026 India's foreign‑exchange reserves rose to $674.19 bn, then to $682.235 bn by mid‑July, aided by a concessional FCNR(B) swap facility and a uniform‑deposit‑rate framework introduced by the RBI. The swap

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