close

News WrapGet Handpicked Stories from our editors directly to your mailbox

India-Japan currency swap

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

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

Feb 28, 2019, 14:32 PM IST

Cabinet nod to India-Japan USD 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.

Jan 11, 2019, 15:00 PM IST

India, Japan ink $15 billion currency swap arrangement

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.

Dec 04, 2012, 14:43 PM IST