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

The currency swap arrangement will remain available till November 2022, the Indian mission said in a press release

Topics
Reserve Bank of India | Coronavirus | sri lanka

Press Trust of India  |  Colombo 



RBI
In May, President Gotabaya Rajapaksa made an additional request to India for a special $1.1 billion currency swap facility

The has signed necessary documents for extending a $400 million currency swap facility to to boost the island nation's draining foreign exchange reserves due to the pandemic, the Indian High Commission here said on Saturday.

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First Published: Sat, July 25 2020. 15:42 IST

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