Sri Lanka and China sign US$ 1.5 billion currency swap deal
The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have entered into a bilateral currency swap agreement amounting to US$ 1.5 billion.
The government has reportedly taken over the handling of the diplomatic issue regarding the Yuan Wang 5 ship directly through the Chinese Embassy in Colombo instead of going through the Sri Lankan mission in Beijing, Daily Mirror learns.
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