Currency Swap

Opinion | RBI to swap dollars for rupees to ease liquidity and improve monetary transmission

The RBI should also reduce the Cash Reserve Ratio (CRR) to ensure enough liquidity

Editor's Take | The importance of India-Japan currency swap agreement

The swap arrangement is 50 percent higher than what it was the last time in 2013. The agreement was reached after Prime Minister Narendra Modi met Japan PM Shinzo Abe in Yamanashi for the 13th India-Japan annual summit on October 28.

Consensus in panel on currency swap for bilateral trade

However, there is a difference of opinion. Exporters want currency swap with nations with high trade deficit while industry bodies and banks are looking for a balanced trade criteria.

Yen swap to enthuse mkt; RBI to keep rupee at 65-67/$: DBS

The Indian and Japan government last year had announced the swap worth USD 15 billion, which was today enhanced to USD 30 billion today in the G-20 summit.

India, Japan to enhance currency swap facility: Sources

A proposal to enhance currency swap facility, to double it or even take it to USD 35 billion is likely to be discussed

Need currency swap pacts with key trade partners: Sharma

India needs to "seriously" look at currency swap arrangements with various important trading partners with a view to stabilise the domestic currency, Commerce and Industry Minister Anand Sharma said on Tuesday.

RBI signs currency swap agreement with Bank of Japan

The Reserve Bank of India signed a currency swap agreement with Bank of Japan to swap their local currencies against the US dollar for up to USD 15 billion, a statement said on Tuesday.

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A weak economy exposed to an extended euro zone crisis, growing strain on the government coalition, and looming state elections that mean progress on tough reforms are unlikely. Here are some of the risks to watch in 2012 in the world's largest democracy.

India, Japan preparing currency swap agreement

India and Japan are negotiating a new currency swap agreement ahead of a visit to New Delhi by Japanese Prime Minister Yoshihiko Noda this week, a foreign ministry official said.