The Maldives Monetary Authority (MMA) settles the USD 400 million swap facility availed in October 2024 under the US Dollar/ Euro Swap Window of the bilateral swap agreement entered between the Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) within the existing ‘Framework on Currency Swap Arrangement for SAARC Countries, 2024-2027’.
Maldives settles USD 400 million bilateral swap facility and welcomes India’s INR 30 billion currency swap
— Ministry of Foreign Affairs 🇲🇻 (@MoFAmv) April 23, 2026
📃 Press Release | https://t.co/GAF29b9EXO pic.twitter.com/qFkcmsansn