Economy FCNR(B) turns litmus test | Explainer July 23, 2026 gopalkumarthakur@gmail.com At a time of geopolitical fragmentation, volatile capital flows and uncertain interest-rate cycles, FCNR(B) deposits have become a strategic macroeconomic rupee stabilisation tool, but at the risk of increasing external liabilities Related posts: To be or not to be: With GST tailwind, Monetary Policy Committee likely to hold rates RBI announces measures to help exporters Exports up 19.37% to $38.13 billion in November U.S. urged India to buy Russian oil already at sea to ease supply fears: Energy Secretary