Maldives expresses gratitude to India for extending ₹30 billion currency swap deal
- India approved the Maldives government’s request to roll over the ₹30 billion currency swap facility.
- Maldivian Foreign Minister Iruthisham Adam thanked External Affairs Minister S Jaishankar and the Indian government.
- • The facility operates under the currency swap framework signed by the Reserve Bank of India and Maldives Monetary Authority in October 2024.
- The first ₹30 billion withdrawal was extended to the Maldives on April 23, 2026, supporting liquidity and financial stability.
Source: newsonair.gov.in
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