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India approves Rs 30 billion for Maldives under SAARC currency swap

Posted on April 24, 2026
By Business News Today
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India approves Rs 30 billion for Maldives under SAARC currency swap

India has approved a Rs 30 billion currency swap for the Maldives. This reaffirms New Delhi's role as a key financial partner. The Maldives also settled a previous $400 million swap. This facility will support economic stability amid regional challenges. India's support strengthens ties and regional financial cooperation.