japan and india sign currency deal
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

Japan and India sign currency deal

Egypt Today, egypt today

Egypt Today, egypt today Japan and India sign currency deal

Tokyo - BNA

Japan and India have launched a new framework to provide bilateral credit in US dollars. The aim is to ease the impact on Asia of possible turmoil in global financial markets. Japanese Prime Minister Yoshihiko Noda and his Indian counterpart Manmohan Singh signed a basic agreement in December of last year. The two countries finalized the details on Tuesday, according to Japan's (NHK WORLD) website. Under the new framework, the Japanese and Indian central banks will exchange up to 15 billion dollars for 3 years. The deal is aimed at protecting India from a possible currency shortage if an international financial crisis hits the country. Europe's credit turmoil caused the rupee to weaken when foreign investors pulled their capital out of India. Japanese officials say Japan wants to stabilize Asian financial markets and to strengthen economic ties with India.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japan and india sign currency deal japan and india sign currency deal



Egypt Today, egypt today Modern colorful bedroom renovation

GMT 12:15 2017 Thursday ,21 December

Modern colorful bedroom renovation

GMT 16:10 2018 Friday ,14 December

Bahrain press headlines For 14 Dec 2018

GMT 13:11 2015 Sunday ,03 May

What are the phrases successful people avoid?

GMT 14:13 2017 Saturday ,22 April

Hidden Michelangelo drawing goes on show in Rome

GMT 07:33 2018 Tuesday ,30 October

60 per cent of wildlife wiped out in 44 years

GMT 09:37 2018 Sunday ,23 September

Saudi National Day cause for regional celebration

GMT 14:38 2012 Friday ,15 June

El Sakka: will shoot ‘Red Lines\'

GMT 06:17 2017 Thursday ,20 April

Sheraton Dammam goes dark for Earth Hour

GMT 06:35 2016 Sunday ,27 November

Glamorous New York Fashion

GMT 14:11 2015 Tuesday ,07 July

Creative living room centerpiece ideas
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube
egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday