China Aids Sri Lanka with Currency Swap of 10 Billion Yuan amounting to $ 1.5 Billion; Central Bank Governor Cabraal States Sri Lanka’s Official Foreign Reserves have Increased to $3.1 Billion After Recent Foreign Currency Inflow
BY Shenal Fernando The People’s Bank of China (PBoC) released a receipt of the ¥ 10 billion (equivalent to $ 1.5 billion) currency swap to the Central Bank of Sri Lanka (CBSL) yesterday (29), increasing the official foreign reserves of Sri Lanka to $ 3.1 billion, according to the CBSL. CBSL Governor Ajith Nivard Cabraal …

