India’s foreign-currency scheme draws billions without easing rupee pressure
India’s FCNR scheme has attracted billions of dollars but has not substantially eased pressure on the rupee.
By DoomRadar · Published on DoomRadar .
Why it matters
Persistent currency pressure may affect India’s financial stability and import costs.
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- FCNR scheme draws billions, but does little to ease rupee pressure ↗livemint.com · Recorded source date: Sep 1, 2026, 2:31 AM UTC
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