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Monday, October 27, 2025
TopicCurrency swap

Topic: Currency swap

India & Maldives reboot ties, sign currency swap agreements as Muizzu & Modi meet

Talks on FTA & vision for comprehensive economic & maritime security partnership are other talk outcomes. Maldivian President looks to India for tiding over liquidity challenges.

India considers currency swap of another $1.1 bn with Sri Lanka, no timeline decided

RBI has already finalised an agreement to extend a $400 million currency swap facility to Sri Lanka, but its President Gotabaya has asked for $1.1 billion more.

Rupee’s advance seems to be causing some discomfort for RBI

The central bank has announced plans to hold a $5 billion foreign-exchange swap auction for a three-year tenor.

How India stands to gain from the $75 billion currency swap deal with Japan

The agreement was signed during PM Modi’s visit to Japan. Finance minister Arun Jaitley said it reflected the “depth of our deeper economic relationship”.

On Camera

After losing no.2 carmaker spot, Hyundai is betting big on the new Venue

Indian car buyers are just as tech-obsessed as their Chinese counterparts, and that obsession has taken precedence over handling and performance.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.