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India, Japan sign $75 billion currency swap agreement
short by Pragya Swastik / on Monday, 29 October, 2018
India and Japan on Monday signed a $75 billion bilateral currency swap agreement in Tokyo during PM Narendra Modi's two-day visit to the nation. "The agreement should help bring greater stability to foreign exchange and capital markets in India," a statement said. "This swap arrangement would be 50% higher than our last swap agreement," Finance Minister Arun Jaitley said.
read more at Reuters