Current Affairs
easyQ. No. 19889
India approved the rollover of a Rs 3,000 crore currency swap facility for which country?
Last Updated:
ASri Lanka
BBangladesh
CNepal
DMaldives
Correct Answer: D. Maldives
Introduction
No introduction is available for this question yet.
Explanation
India rolled over the Rs 3,000 crore swap for the Maldives under the SAARC Currency Swap Framework, on easy terms. The deal is between the RBI and the Maldives Monetary Authority. It helps the Maldives handle its foreign exchange pressure, and it fits India's Neighbourhood First policy.
Important Notes
No additional notes are available.
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