Skip to Navigation Skip to Posts Skip to Content
🌏 India's $136bn haul looks like insurance, not rescue

🌏 India's $136bn haul looks like insurance, not rescue

India's central bank raised $136.4bn via a dollar deposit scheme, nearly five times its 2013 crisis-era haul, banking room to manage rates without hurting the rupee. Brazil, South Africa and Mexico show diverging emerging-market policy paths ahead of September meetings.

PIB graphic dated 3 September 2026 on GIFT IFSC as a banking hub, citing $52.8bn FCNR(B) swap, $11.62bn ECBs and $11.12bn bond listings.
GIFT IFSC mobilises over $52.8 billion under RBI’s FCNR(B) swap facility, plus $11.62 bn in ECBs and $11.12 bn in bond listings Source

Read next

Featured Post The week in view

πŸ“° Weekly Macro Roundup: 2026-11-07

Paid Post The week in view

πŸ‡¨πŸ‡³ Beijing lowers the funding floor quietly, leans on the yuan and asks firms to buy their own shares

Become a Member

Daily and weekly briefings on global markets, for self-directed investors who want to be informed, not doomscrolled.

Sign up now