Sri Lanka and Bangladesh yesterday resolved to request their respective Central Banks and other financial institutions to cooperate closely on currency swap arrangements. Agreement on the issue was reached when visiting Prime Minister Mahinda Rajapaksa met his Bangladeshi counterpart Sheikh Hasina at her office in Dhaka. The two leaders also reiterated their commitment to an [...]

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Currency cooperation deals between Sri Lanka and Bangladesh

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Sri Lanka and Bangladesh yesterday resolved to request their respective Central Banks and other financial institutions to cooperate closely on currency swap arrangements. Agreement on the issue was reached when visiting Prime Minister Mahinda Rajapaksa met his Bangladeshi counterpart Sheikh Hasina at her office in Dhaka. The two leaders also reiterated their commitment to an early conclusion of a bilateral Free Trade Agreement (FTA) while six memoranda of understanding (MoUs) were also signed during the visit.

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