Question
Which two global financial institutions signed a $3
billion exposure exchange deal in October 2025?ÂSolution
The Asian Development Bank (ADB) and the World Bank signed a $3 billion exposure exchange agreement (EEA)to enhance lending capacity for developing nations. This was ADB’s first EEA with the World Bank and its sixth overall since 2020, bringing the total exchanged amount to $9 billion. The deal helps reduce portfolio concentration risk, optimize capital, and expand development supportÂ
The Reserve Bank of India (RBI) signed an agreement with Indonesia’s central bank to promote cross-border local currency transactions. This agreement ...
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