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Bank of Japan, RBI conclude deal for raising BSA to $50 bn

Last Updated: Friday, January 10, 2014, 20:58

The BSA shall be effective until December 3, 2015.

India, Japan ink $15 billion currency swap arrangement

Last Updated: Tuesday, December 04, 2012, 14:43

The bilateral swap arrangement (BSA) between the Reserve Bank of India and the Bank of Japan enables both countries to swap their local currencies either Japanese yen or Indian rupee against US dollar for an amount up to USD 15 billion.