INDIA MARKET LENS
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India’s external pressures persist despite forex swap inflows, says Nageswaran

RBI moved higher.

25 Sept 2026 · Economic Times Markets

India's Chief Economic Advisor V Anantha Nageswaran highlighted ongoing balance of payments pressures amid increased foreign capital inflows. The Reserve Bank of India's special forex swap window has facilitated significant foreign currency inflows. However, these inflows are seen as a temporary measure rather than a permanent solution to external pressures.

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  • With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.