EconomySaturday, 25 April 2026·Reserve Bank of India
India Approves ₹30 Billion Currency Swap for Maldives
India approved a ₹30 billion currency withdrawal for the Maldives under the SAARC Currency Swap Framework to support its macroeconomic stability.
Key highlights
- Amount: ₹30 billion under the SAARC Currency Swap Framework (2024-2027).
- Partner: Maldives Monetary Authority.