IBPS Current Affairs 2012

IBPS Economy Current Affairs 2012. Reserve Bank of India (RBI) signed Currency Swap Agreement with Bank of Japan.

The Reserve Bank of India signed a three year Bilateral Swap Arrangement (BSA) with the Bank of Japan on 4 December 2012 for swapping of the local currencies to address short term liquidity problems . The Reserve Bank of India signed a currency swap agreement with Bank of Japan to swap their local currencies against the U.S. dollar for up to $15 billion.

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