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RBI Cautions Against Fictitious Offers Of Buying/Selling Of Old Banknotes, Coins

Amid rising incidents of fraudulent activities, the country's central bank Reserve Bank of India (RBI) has cautioned its citizens against any fraudulent/fictitious offers of buying or selling of old banknotes and coins. For the same, the RBI release said ...

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 ...

India, Japan agrees $50 billion currency swap arrangement

St Petersburg: India and Japan on Friday decided to more than treble their currency swap arrangement from USD 15 billion to 50 billion in a move seen as sending an important signal for the rupee. The decision to expand bilateral ...