RESERVE Bank of INDIA (RBI) has agreed to provide $400 million to the Central Bank of SRI Lanka (CBSL) under the SAARC swap facility, to boost the island nation's reserves. CBSL has requested a further BILATERAL swap arrangement of $1 billion from RBI which is "under CONSIDERATION". "> RESERVE Bank of INDIA (RBI) has agreed to provide $400 million to the Central Bank of SRI Lanka (CBSL) under the SAARC swap facility, to boost the island nation's reserves. CBSL has requested a further BILATERAL swap arrangement of $1 billion from RBI which is "under CONSIDERATION". ">

For which country, Reserve Bank of India (RBI) has agreed to provide $400 million under swap deal?

Current Affairs International in Current Affairs 1 year ago

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RESERVE Bank of INDIA (RBI) has agreed to provide $400 million to the Central Bank of SRI Lanka (CBSL) under the SAARC swap facility, to boost the island nation's reserves. CBSL has requested a further BILATERAL swap arrangement of $1 billion from RBI which is "under CONSIDERATION".

Posted on 01 Aug 2024, this text provides information on Current Affairs related to International in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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