https://www.taxtmi.com/news?id=74609 Foreign-currency deposit mobilisation strengthened foreign-exchange liquidity and supported rupee appreciation. FCNR(B) deposits, together with overseas foreign-currency borrowings and external commercial borrowings, increased aggregate foreign-currency resources. Bank swaps of such deposits with the central bank may create surplus banking-system liquidity and a sterilisation challenge, while oil prices, global yields, dollar movements and foreign equity inflows remain relevant currency-market factors. en-us Thu, 03 Sep 2026 10:01:02 +0530 Thu, 03 Sep 2026 10:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74609 Foreign-currency deposit mobilisation strengthened foreign-exchange liquidity and supported rupee appreciation. FCNR(B) deposits, together with overseas foreign-currency borrowings and external commercial borrowings, increased aggregate foreign-currency resources. Bank swaps of such deposits with the central bank may create surplus banking-system liquidity and a sterilisation challenge, while oil prices, global yields, dollar movements and foreign equity inflows remain relevant currency-market factors. News - Thu, 03 Sep 2026 10:01:02 +0530 https://www.taxtmi.com/news?id=74609