RBI signs documents to extend $400mn currency swap facility to Sri Lanka: Indian mission

RBI signs documents to extend 0mn currency swap facility to Sri Lanka: Indian mission

Colombo: The Reserve Bank of India has signed necessary documents for extending a USD 400 million currency swap facility to Sri Lanka to boost the island nation’s draining foreign exchange reserves due to the coronavirus pandemic, the Indian High Commission here said on Saturday. The currency swap arrangement will remain available till November 2022, the … Read more