The RBI announced a $5 billion USD/INR swap auction after the rupee plunged near 97 against the US dollar. Here’s what the currency swap means, why the RBI intervened, and how rising crude oil prices ...

A report the United Arab Emirates requested a dollar swap line with the U.S. may be more a threat the Gulf nation could shift an alliance rather than a sign it’s about to run short of the American ...

The currency swap is a financial instrument which is especially used in an interconnected global financial ecosystem to avoid the extreme currency volatility and liquidity crunches in the market.

Currency risk is the financial risk that arises from potential changes in the exchange rate of one currency in relation to another. And it’s not just those trading in the foreign exchange markets that ...

A bank shall sell US dollars to the Reserve Bank and simultaneously agree to buy the same amount of US dollars at the end of ...