Tuesday, October 30, 2018

13th India-Japan Annual Summit: India, Japan sign various agreements, agree to start ‘2+2’ dialogue

Japan and India entered into a USD 75 billion currency swap agreement that will boost Indian economy as it encounters a steep drop in the rupee’s value. This swap arrangement would be 50 percent higher than the previous swap agreement. Japan had offered a USD 50 billion currency swap in 2013.



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