The renewal of the Bilateral Swap Arrangement (BSA), originally established ... economic shocks such as sudden capital outflows, currency depreciation, or global financial turbulence.

The Reserve Bank of India (RBI) injected $10 billion through a currency or foreign-exchange swap auction on Friday, stepping up efforts to ease one of the worst liquidity deficits to hit the ...

Currency swaps are among the tools central banks deploy during periods of high volatility in the global financial system. These measures have the primary aim of stabilising the local currency ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries. The Central Bank of Nigeria (CBN) and the People's Bank ...

This marks the fourth amendment and restatement of the third BSA, which facilitates currency swaps between the two countries. The arrangement allows both nations to exchange their local currencies ...

The People’s Republic of China Government says it would consider Nigeria’s request to expand the bilateral currency swap agreement. China’s Foreign Minister, Wang Yi, revealed this when he ...

Six years after the initial agreement to a currency swap deal, China’s central bank, People’s Bank of China has renewed its bilateral currency swap agreement with the Central Bank of Nigeria ...

China and Nigeria have renewed a 15 billion yuan ($2bn) currency-swap agreement aimed at enhancing trade and investment between the two nations. The arrangement is expected to bolster financial ...

Traders new to the forex market might confuse the terms FX swap and cross-currency swap since both include a reference to currencies and a swap. These two over-the-counter products from the ...

The Reserve Bank of India (RBI) entered into a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework 2024-27, on Monday (October 7, 2024 ...

India's banking regulator, the Reserve Bank of India (RBI), has entered into a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework 2024-27 ...