China and Saudi Arabia signed a currency swap agreement worth around $7 billion. It's yet another push towards dedollarization as countries attempt to wean off use of the greenback. China's o ...
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India's forex reserves jump by $305 million to hit over three-month high of $654.27 billion after RBI's currency swap
The country's forex reserves increased by USD 305 million to USD 654.271 billion during the week ended March 14, the RBI said on Friday. In the previous reporting week, the overall reserves rose by ...
MUMBAI, Oct 18 (Reuters) - Large Indian banks are preparing for a $5 billion forex swap maturing next week by accumulating dollars, with the trading pattern suggesting that lenders do not expect the ...
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