The currency swap arrangement will remain available till November 2022, the Indian mission said in a press release
In a statement on its website, the RBI said it was doing the swaps in view of the intense selling pressure witnessed worldwide on 'extreme risk aversion due to the spread of COVID-19 infections'
The framework provides certain concessions for swap drawals in Indian rupee, the RBI said
Ties between the two Asian neighbours have soured over the deployment of the powerful US weapon in the South