India Extends ₹3,000 Crores Currency Swap Support To Maldives Through First Rollover
India has approved the first rollover of its ₹3,000 crore currency swap facility for the Maldives, reinforcing its financial support to the island nation and underscoring the importance of bilateral economic cooperation.The rollover will take effect from 23 October 2026 after the Maldivian government formally requested an extension of the arrangement. Announcing the decision, Ministry of External
India has approved the first rollover of its ₹3,000 crore currency swap facility for the Maldives, reinforcing its financial support to the island nation and underscoring the importance of bilateral economic cooperation.The rollover will take effect from 23 October 2026 after the Maldivian government formally requested an extension of the arrangement. Announcing the decision, Ministry of External
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