Which of the following agreement is signed between Reserve Bank of India (RBI) and UAE Central Bank?
Which of the following agreement is signed between Reserve Bank of India (RBI) and UAE Central Bank?
[A]Monetary Exchange Agreement
[B]Currency Swap Agreement
[C]Anti-Money Laundering Agreement
[D]Rupee Exchange Agreement
Currency Swap Agreement
The RBI has signed a pact with the Central Bank of the UAE to enter into a Currency Swap Agreement, which is aimed at strengthening economic ties with the Gulf nation. The MoU was signed between RBI chief Raghuram Rajan and UAE’s Central Bank Governor Mubarak Rashed Al Mansoori.
