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Weekly Current Affairs: April week-3 - Currency Swap Line

  • Category
    Economy
  • Published
    22nd Apr, 2020

India is working with the United States to secure a ‘dollar swap line’ that would help in better management of its external account and provide extra cushion in the event of an abrupt outflow of funds.

Context

India is working with the United States to secure a ‘dollar swap line’ that would help in better management of its external account and provide extra cushion in the event of an abrupt outflow of funds.

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