RBI Revises Framework for Currency Swap With SAARC Countries.

Banking & Finance

The total corpus for this support amounts to USD 3 billion. The Reserve Bank of India (RBI) has released a revised framework for currency swap arrangement with South Asian Association of Regional Cooperation (SAARC) countries, effective from 2024 to 2027.


      The new window under this framework offers concessions to support swap in Indian rupees.

      The total corpus for this support amounts to USD 3 billion.

     

 

     


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Governer - Shaktikanta Das
HQ - New Delhi
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