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RBI, Central Bank of Sri Lanka ink currency swap agreement

The Reserve Bank on Friday signed a special currency swap agreement with the Central Bank of Sri Lanka that will allow the latter to draw up to USD 1.1 billion.

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.

RBI 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.

Sri Lanka nixes Strauss-Kahn deal after paying $750,000

Sri Lanka's new government on Thursday said it was cutting ties with sex scandal plagued ex-IMF chief Dominique Strauss-Kahn after paying him USD 750,000 for being an advisor to attract foreign investment.

Sri Lanka trade deficit contained: Central Bank of Sri Lanka

Earnings from remittances from Sri Lankan expat workers recorded a 4.2 percent growth.