Reserve Bank of India agrees to provide USD400mn to Central Bank as SWAP

Reserve Bank of India agrees to provide USD400mn SWAP to Central Bank

Jan 09, 2019 (LBO) – Reserve Bank of India (RBI) has agreed to provide 400 million US dollars to the Central Bank of Sri Lanka under its SAARC SWAP facility which will boost the reserves in the country. Sri Lanka’s Central Bank said in a statement that they have also requested a further bilateral SWAP […]