India-Maldives currency swap: RBI’s $400 million support...

Dununu.com Dununu

Commandité

India-Maldives currency swap: RBI’s $400 million support lifts FX reserves; Fitch cites easing of liquidity strain in rating note

RSS Feed Business

Posté

185

India has welcomed the Maldives' improved foreign exchange reserves, acknowledging the significant role of the $400 million currency swap between the RBI and MMA in easing liquidity pressures. Fitch Ratings recognized India's critical support in bolstering the Maldives' reserves, alongside strong tourism and new forex regulations. Despite this, the Maldives faces ongoing fiscal and external challenges.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

Shubman Gill, KL Rahul, Ravindra Jadeja create historic feat in England

In a historic moment for Indian Test cricket, Shubman Gill, KL Rahul, and Ravindra Jadeja have...

Par 0 10

Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes under new trade rules

Donald Trump's new tariff policy is creating economic problems worldwide. Countries face high...

Par 0 11

'Pathetic and vile': Kishan Reddy slams Rahul Gandhi over remarks on Arun Jaitley, says late FM died before farm laws; demands apology

Par 0 11

Myanmar junta air strike on ruby mine hub kills 13

A Myanmar junta air strike on the rebel-held ruby mining center of Mogok resulted in 13...

Par 0 21

Palestine statehood: More countries back two-state solution - what's keeping the dream a dream?

France, the UK, and Canada's support for a Palestinian state highlights growing international...

Par 0 21