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Bilateral Swap Arrangement
March 3 , 2022
1066 days
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- Japan and India have renewed the Bilateral Swap Arrangement.
- The size of it is up to USD 75 billion.
- The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar.
- The actual Bilateral Swap Arrangement (BSA) was signed between the Bank of Japan and the Reserve Bank of India in 2018.
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