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26th August 2021 (5 Topics)

In a first, ICICI, StanChart and HSBC enter ‘swaption’ deals

Currency Swap agreements are being seen as a way to preserve foreign exchange reserves of countries. Discuss their potential benefits and limitations. (150 Words)


  • Introduce by giving definition of Currency Swap agreements.
  • Give some recent examples of such agreements.
  • Enumerate the benefits of such agreements
  • List the limitations of such agreements
  • Conclusion

Verifying, please be patient.

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