Lanka to get $400 mn from RBI under currency swap deal
Sri Lanka's Central Bank will tomorrow get the first USD 400 million tranche from India under a currency swap agreement with the RBI that will help the country tackle currency volatility and promote trade.
Apr 29, 2015, 19:37 PM ISTRBI signs $400 million currency swap pact with Sri Lanka
RBI on Wednesday signed a USD 400 million currency swap agreement with the Central Bank of Sri Lanka for three years that will allow the island nation to draw the amount in dollars or euros in multiple tranches.
Mar 25, 2015, 15:07 PM IST