In view of the rising trade deficit and consequent current account deficit, a need has been felt to examine the role of Currency Swap Arrangement/Agreements in order to suggest a possible mechanism to address the issue. It has been decided to constitute a Task Force on Currency Swap Arrangements/Agreements. The Task Force will have the… Read More
Tags: Currency Swap Arrangement/Agreement, Department of Commerce, EXIM bank, FICCI, India, Reserve Bank of India, State Bank of India, Task Force