The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA) for $75 billion that will help in bringing greater stability in foreign exchange and capital markets in the country. The pact will enables both countries to swap their local currencies (i.e., either Japanese yen or Indian rupee) ..
Bank of Japan: GK, Current Affairs, Questions, Trivia and News
Haruhiko Kuroda has been reappointed as the governor of Bank of Japan (BOJ) for second five-year term by the Government of Japan. His second term will come into force when the current one ends in April 2018. Kuroda will be first governor to serve two terms since 1954. The Bank of Japan is the central ..