• Last Update 2024-12-26 15:51:00

People’s Bank of China approves a 10 billion Yuan Currency Swap

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The People’s Bank of China approved yesterday a 10 billion Yuan currency swap with Sri Lanka. Sri Lankan Embassy in Beijing said.

Sri Lanka Ambassador to China, Dr. Plalitha Kohona welcomed the arrangement and stated that this is a welcome expression of confidence in Sri Lanka's economy and an encouragement of prospective investors further energising Sri Lanka's economy, the embassy said in a statement.  

He appreciated the efforts made by the Central Bank of Sri Lanka and the People’s Bank of China for finalising the formalities remotely.

 

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