Search For "currency swap"
Trump aide critiques democrat Senator of being 'Peronist' on Argentina's c
Updated : 5 months ago IST
Bessent's response came after Warren issued a letter voicing concern and requesting answers on why the Trump administration was moving forward with providing Argentina a financial lifeline as its economy struggles, particularly during a US government shutdown, which started on October 1.
Read More
"If he loses, we are not going to be generous with Argentina," says Trump
Updated : 5 months, 1 week ago IST
US President Donald Trump stated that economic aid to Argentina will depend on whether President Javier Milei remains in power. The US recently finalised a $20 billion currency swap with Argentina, drawing criticism from lawmakers over continued soybean sales to China amid a government shutd
Read More
Trump, Milei discuss $20 billion currency swap to stabilise Argentina's ec
Updated : 5 months, 1 week ago IST
US President Donald Trump met Argentinian President Javier Milei at the White House to discuss a $20 billion currency swap. Trump linked continued US support to Milei's leadership, while Treasury Secretary Scott Bessent said the aid reflected confidence in Argentina's reforms but could ch
Read More
Iranian woman arrested for $700 currency swap fraud at Delhi IGI airport
Updated : 9 months ago IST
Iranian national Fatemah Akbari was arrested at Delhi's IGI Airport for duping a US citizen of $700 using a fake currency swap. Her husband fled. Police are investigating their involvement in multiple fraud cases and working to trace their network.
Read More
Government has taken many steps during the year to boost trade: Finance Mi
Updated : 1 year, 3 months ago IST
A day after the commerce ministry released trade data for November showing the highest-ever trade deficit of USD 37.8 billion. The Ministry of Finance highlighted the various initiatives taken by the ministry this year to boost trade with other countries.
Read More
Pakistan requests additional USD 1.4 billion loan from China amid ongoing
Updated : 1 year, 5 months ago IST
In a bid to tackle persistent external financing issues, Pakistan has formally requested an additional loan of 10 billion yuan (USD 1.4 billion) from China. This appeal comes amidst ongoing fiscal pressures and follows the utilisation of an existing trade finance facility.
Read More
Pakistan requests China to increase currency swap agreement limit to 40 bi
Updated : 1 year, 5 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb has requested the Chinese government to raise the limits of the currency swap agreement to CNY 40 billion, according to ARY News on Saturday.
Read More
India has always been first responder to Maldives, President Muizzu's visi
Updated : 1 year, 5 months ago IST
"We are continuing the relationship that is already strong and that has been on a positive trajectory now as well and that is how we intend to move," Vikram Misri said.
Read More
Maldives President Muizzu thanks PM Modi government for Rs 30 billion supp
Updated : 1 year, 5 months ago IST
India today granted cash-strapped Maldives a USD100 million Treasury bills roll over, in addition to both sides inking a USD 400 million and Rs 3,000 crore currency swap agreement.
Read More
Maldives President Muizzu thanks India for economic support, affirms hope
Updated : 1 year, 8 months ago IST
Maldives President Mohamed Muizzu thanked India for its support to the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.
Read More
RBI extends currency swap with SAARC countries till 2027
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI), with the approval of the Government of India, has introduced a revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries, covering the period from 2024 to 2027, said RBI on Thursday.
Read More
Bhutan appreciates India for extending Standby Credit Facility, currency s
Updated : 2 years, 11 months ago IST
India also agreed to positively consider Bhutan's request to extend an additional Standby Credit Facility (SCF) for a period of five years.
Read More