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Approval for Proposal for Extension of the value date of the Existing Currency Swap facility of USD 1.1 billion availed by Central Bank of Sri Lanka (CBSL) and provision of a new special currency swap to Sri Lanka for USD 700 million

News and Press Release - Dated:- 10-3-2016 - The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its ex-post facto approval to the proposal for extension of the value date to 8th March 2016 of the Existing Currency .....

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nt is in place. The Union Cabinet also gave its approval for providing a special swap of USD 700 million to Sri Lanka for a period of 3 months or till the time Sri Lanka avails the IMF facility whichever is earlier. Approval of this proposal shall he .....

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