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.
Kabul [Afghanistan], September 12 (ANI): The Taliban have rejected a claim by a high ranking Pakistani minister that trade between the two countries would be in rupees under a currency swap arrangement, local media reported on Sunday.
New Delhi, Jan 23 (ANI): The Union Cabinet on Wednesday approved an amendment to the framework on currency swap arrangement for SAARC member countries to incorporate a stand-by swap amounting to 400 million dollars operated within the overall size of two billion dollar facility.