What is the significance of the SAARC Currency Swap

Facility?

A Longterm investment support Correct Answer Incorrect Answer

B Short-term foreign exchange liquidity Correct Answer Incorrect Answer

C Agricultural subsidies Correct Answer Incorrect Answer

D Infrastructure development Correct Answer Incorrect Answer

E Trade agreement facilitation Correct Answer Incorrect Answer

Solution

The SAARC Currency Swap Facility provides short-term foreign exchange liquidity.

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