Which Central Bank Used Forex Swaps to Reduce a Record $115 Billion Cash Surplus?

Can you answer this important Current Affairs question?

Q9. Which central bank recently used short-term sell-buy foreign-exchange swaps to reduce a record $115 billion cash surplus in its banking system?

Test your knowledge with this important Banking and Economy Current Affairs question and strengthen your General Awareness preparation for competitive exams.

This question is useful for aspirants preparing for:

✅ SSC CGL
✅ SSC CHSL
✅ SSC MTS
✅ UPSC
✅ State PSC Exams
✅ Banking Exams
✅ SBI PO & Clerk
✅ IBPS PO & Clerk
✅ RBI Grade B
✅ RBI Assistant
✅ Railway RRB NTPC & Group D
✅ NDA & CDS
✅ Other Government & Competitive Exams

Stay updated with important Banking, Economy, Central Bank, Foreign Exchange, Monetary Policy and International Financial developments.

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