For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Currency swap between Japan and India enhanced to $50 bn

|

Currency swap between Japan and India enhanced to $50 bn
The bilateral currency swap arrangement between the Reserve Bank of India and Bank of Japan has been enhanced from $15 Billion to $50 Billion.

 

The Government of India has approved the enhancement of the bilateral currency swap arrangement between the Reserve Bank of India (RBI) and Bank of Japan from US$15 billion to US$ 50 billion.

"The terms of the agreement have been agreed between the Indian and the Japanese side in this regard. The Government of India has authorized Reserve Bank of India (RBI) to sign the agreement. This measure will further strengthen the bilateral financial cooperation between Japan and India," a government release has stated.

GoodReturns.in

Read more about: currency swap japan dollar
Story first published: Thursday, December 19, 2013, 12:03 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more