The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.

The RBI has clarified how its FCNR(B) swap facility will work, answering questions on loans against deposits, ECB eligibility, interest rates and hedging rules. Here's what NRIs and banks need to know ...

The Trump administration is working on measures to reinforce the dollar's global position. As US President Donald Trump and Chinese President Xi Jinping prepare for talks in Beijing this week, a less ...

The U.S. is drawing attention as it considers expanding its permanent currency swap (currency exchange) system to some countries affected by the Middle East war, with South Korea potentially included.

Chainlink recently announced a move in this direction. The blockchain oracle provider, alongside over 50 European and South Korean banks, formed a Project Pangea.  The project brings together firms ...

Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency Fitch ...

Dr. Thani Al Zeyoudi, UAE Minister of Foreign Trade confirmed that the nation is in talks with the US over a currency swap line. Thani Al Zeyoudi, UAE Minister of Foreign Trade, has confirmed that the ...

Treasury Secretary Scott Bessent said Wednesday that "many" U.S. allies in the Persian Gulf have requested currency swap lines amid economic turbulence from the war with Iran. Bessent spoke at a ...

FAB says dollar swap plan is precautionary, backed by strong UAE fundamentals Dubai: Discussions over a potential currency swap line between the UAE and the US have drawn scrutiny this week, with ...