Recently, the Reserve Bank of India has signed a USD 400 million currency swap agreement with the Options: A . &nbspBank of Japan B . &nbspBank of Korea C . &nbspCentral Bank of Myanmar D . &nbspCentral Bank of Sri Lanka

Recently, the Reserve Bank of India has signed a USD 400 million currency swap a

Question

Recently, the Reserve Bank of India has signed a USD 400 million currency swap agreement with the

Options:

A . Bank of Japan

B . Bank of Korea

C . Central Bank of Myanmar

D . Central Bank of Sri Lanka

Answer: Option D
Answer: (d)The swap agreement between the RBI and the Central Bank of Sri Lanka seeks to bring in more financial stability. It has been signed for three years.

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