bilateral swap agreement Current Affairs, GK & News

RBI, Bank of Japan sign Bilateral Swap Arrangement

March 1, 2019

Reserve Bank of India (RBI) and Bank of Japan have signed a bilateral swap agreement. The agreement was negotiated during the visit of Prime Minister Narendra Modi to Tokyo last year. Bilateral Swap Agreement The Swap agreement will provide India access to 75 billion US dollars against the 50 billion dollars under earlier BSA. Under ..

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