[Free Press Journal]What Is The New Framework For Currency Swap Introduced By The RBI Between SAARC Countries?
The Reserve Bank of India (RBI) has introduced a revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries covering the years 2024–2027, with approval from the Indian government, the RBI announced on Thursday. The RBI will negotiate bilateral swap agreements with the central ...