Indian financial markets / RBI-watchers
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Business Standard · India · Rupee at 94 against the dollar, RBI rolls out FCNR-B scheme and $10bn swap to stem the slide
Reports the week-ended June 19 reserves at $672.587 billion (+$963 million), breakdowns show gold rising $4.1 billion to $107.9 billion while foreign currency assets slipped $3.1 billion. Contextualises the reserve drawdown from the March 2026 peak of $728.5 billion over the prior quarter.
“India's forex reserves rose by $963 million to $672.587 billion for the week ended June 19, 2026.”