Dollar deluge prompts RBI to shut special FCNR scheme early; $52 bn raised so far

Saturday, August 15, 2026 - 22:53
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Dollar deluge prompts RBI to shut special FCNR scheme early; $52 bn raised so far
The decision to close the special scheme comes just a week after RBI governor Sanjay Malhotra said there was no plan for a premature closure

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