RBI announces SAARC Currency Swap Framework for period 2024 to 2027

In the 2024-27 Framework, a separate INR Swap Window has been introduced with various concessions for swap support in Indian Rupee, totaling Rs 250 billion. The RBI will also offer swap arrangements in USD and Euro under a separate US Dollar/Euro Swap Window, with an overall corpus of US$ 2 billion.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *