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RBI–Bank of Japan Bilateral Swap Arrangement

📅 Published 04 Mar 2026 · March 2026

 RBI–Bank of Japan Bilateral Swap Arrangement

Key Points

  • Renewed USD 75 billion Bilateral Swap Arrangement.
  • Effective from 28 February 2026.
  • Strengthens:
    • Financial stability
    • Bilateral cooperation
    • Foreign exchange liquidity.

UPSC Fact

The original India–Japan Bilateral Swap Arrangement was signed in 2018.

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