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Tag Archives: Sri Lanka seeks fresh currency swap facility with India

Sri Lanka seeks fresh currency swap facility with India


September 27, 2020

MUMBAI: Sri Lankan Prime Minister Mahinda Rajapaksa sought an additional currency swap facility and deferment of debt payments from India during an online bilateral summit with Prime Minister Narendra Modi on Saturday, Indian officials said. Sri Lanka owes about $960 million to India and earlier this year India agreed to a $400m currency swap facility for Sri Lanka until November …

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