The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and ...

The currency swap is a financial instrument which is especially used in an interconnected global financial ecosystem to avoid the extreme currency volatility and liquidity crunches in the market.

Last deployed in 2013, the Foreign Currency Non-Resident (Bank) deposit swap scheme was widely seen as being too expensive ...

The Reserve Bank of India (RBI) conducted $5-billion dollar–rupee buy–sell swap with a three-year tenure on Tuesday, a move that has drawn attention amid renewed pressure on the rupee. While the ...

United States Secretary of the Treasury Scott Bessent has said that several allies in the Gulf region and Asia have requested currency swap lines from the US to help them with the energy shocks and ...