SAARC Currency Swap Framework 2024-27: RBI Boosts Regional Economic Cooperation
RBI Announces SAARC Currency Swap Framework for 2024-27 The Reserve Bank of India (RBI) has unveiled a new currency swap framework aimed at bolstering financial stability among South Asian Association for Regional Cooperation (SAARC) nations from 2024 to 2027. This initiative marks a significant step towards enhancing regional economic cooperation and resilience against financial shocks….