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Currency volatility News

India-Japan currency swap

28 Feb 2019

India completes Bilateral Swap Arrangement with Japan, gets access to $75 bn

The arrangement was announced during Modi's visit to Japan in October last year.

India-Japan currency swap

11 Jan 2019

Cabinet nod to India-Japan $75-bn swap arrangement to curb currency volatility

This facility will enable the agreed amount of capital being available to India on tap for use.

26 May 2016

Good policy essential to India's stability: Raghuram Rajan

Terming a sharp slowdown in China as a "significant risk" for global economy and the SAARC region in particular, Governor Raghuram Rajan on Thursay said RBI has been moderating any extreme currency volatility through its intervention.

Currency volatility

26 Aug 2015

Currency volatility: How it will affect global growth

Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.

17 Jul 2015

RBI, Central Bank of Sri Lanka ink currency swap agreement

The Reserve Bank on Friday signed a special currency swap agreement with the Central Bank of Sri Lanka that will allow the latter to draw up to USD 1.1 billion.

10 Feb 2015

Country's IT exports may grow 12-14 pc next fiscal: Nasscom

Country's IT exports are likely to grow in the range of 12-14 percent in the next fiscal (FY'16) with currency volatility and macro economic headwinds as the primary challenges going ahead.

10 Jun 2014

RBI net purchaser of $5.87 bn from spot forex market in April

RBI's intervention in the forex market is to check volatility in the currency.

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