https://www.taxtmi.com/news?id=20976 Amendment adds a Standby Swap of USD 400 million within the USD 2 billion SAARC Currency Swap Facility to allow India to provide additional short term foreign exchange support when member countries' swap needs exceed agreed lines. The Standby Swap remains subject to the Facility's structural per country parameters and three month drawal tenors with up to two rollovers; operational terms will be negotiated bilaterally by the Reserve Bank of India with requesting central banks. en-us Wed, 23 Jan 2019 17:57:44 +0530 Wed, 23 Jan 2019 17:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20976 Amendment adds a Standby Swap of USD 400 million within the USD 2 billion SAARC Currency Swap Facility to allow India to provide additional short term foreign exchange support when member countries' swap needs exceed agreed lines. The Standby Swap remains subject to the Facility's structural per country parameters and three month drawal tenors with up to two rollovers; operational terms will be negotiated bilaterally by the Reserve Bank of India with requesting central banks. News - Wed, 23 Jan 2019 17:57:44 +0530 https://www.taxtmi.com/news?id=20976