Under this framework, the RBI would enter into bilateral swap agreements with SAARC Central Banks, who want to avail of the swap facility.
The currency swap is an agreement for Central banks and Governments to provide a backstop line of funding for short term foreign exchange liquidity requirements or balance of payment crises of the SAARC countries till longer term arrangements are made.
Diese Geschichte stammt aus der June 28, 2024-Ausgabe von The Daily Guardian.
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Diese Geschichte stammt aus der June 28, 2024-Ausgabe von The Daily Guardian.
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