RBI signs Currency Swap Agreement with the Central Bank of Sri Lanka

The Reserve Bank of India today signed the Currency Swap Agreement with the Central Bank of Sri Lanka. The Central Bank of Sri Lanka can make drawals of US Dollar or Euro in multiple tranches up to a maximum of US$ 400 million or its equivalent. This is expected to further economic co-operation between the two countries. The agreement is valid for a period of three years from the date of signing. It may be recalled that in May 2012, the Governor, Reserve Bank of India

The Reserve Bank of India today signed the Currency Swap Agreement with the Central Bank of Sri Lanka. The Central Bank of Sri Lanka can make drawals of US Dollar or Euro in multiple tranches up to a maximum of US$ 400 million or its equivalent. This is expected to further economic co-operation between the two countries. The agreement is valid for a period of three years from the date of signing. It may be recalled that in May 2012, the Governor, Reserve Bank of India

RBI signs Currency Swap Agreement with the Central Bank of Sri Lanka