RBI Signs Currency Swap Agreement with Bank of Japan. Banking & Finance | Dated: 14 Mar 2026 The Reserve Bank of India (RBI) signed a massive 75 billion USD Bilateral Currency Swap Agreement with the Bank of Japan. The agreement aims to bring stability to the foreign exchange and capital markets of both nations during economic crises. 🎯 Key Highlights: It allows exchange of local currencies for US Dollars. The agreement is a renewal and expansion of a previous treaty. It bolsters India foreign exchange reserves management. 💡 Other Important Facts: Agreement: Currency Swap. Partners: India and Japan. Value: 75 Billion USD. 📚 Test Your Knowledge: The Reserve Bank of India recently signed a 75 billion USD Bilateral Currency Swap Agreement with the central bank of which country? Correct Answer: Japan 🚀 Quick Recap: About Bank of Japan Role - Central Bank of Japan Headquarters - Tokyo