RBI revives FCNR(B) swap window for NRIs; can it replicate the 2013 inflow boom? Explained

The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and ...

Why RBI is returning to a ‘terrible’ idea to boost foreign inflows

Last deployed in 2013, the Foreign Currency Non-Resident (Bank) deposit swap scheme was widely seen as being too expensive ...

Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banks

RBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive ...
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US Treasury Secretary Bessent says Gulf, Asian allies request swap lines

United States Secretary of the Treasury Scott Bessent has said that several allies in the Gulf region and Asia have requested currency swap lines from the US to help them with the energy shocks and ...

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says

By Doina Chiacu and Ryan Patrick Jones April 24 (Reuters) - The United States is discussing currency swap lines with other countries including Gulf and Asian partners, Treasury Secretary Scott Bessent ...