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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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    Sri Lanka gets US$1.1bn dollars from India's RBI

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    Sri Lanka gets US$1.1bn dollars from India's RBI  Empty Sri Lanka gets US$1.1bn dollars from India's RBI

    Post by Backstage Thu Sep 03, 2015 10:46 am


    Sri Lanka gets US$1.1bn dollars from India's RBI to boost forex reserves
    Sep 03, 2015

    ECONOMYNEXT - Sri Lanka is getting 1.1 billion US dollars from the Reserve Bank of India to boost foreign reserves, Deputy Governor Nandalal Weerasinghe said, with the balance of a 1.5 billion US dollar swap arrangment coming into effect.

    The funds will reach Sri Lanka overnight.

    The RBI had earlier given 400 million US dollars to Sri Lanka to boost reserves.

    In July Sri Lanka had 6.8 billion US dollars of foreign reserves, and there has been some outflows in August.

    The rupee reference rate eased to 134.75 rupees to the US dollar Thursday. (Colombo/Sept03/2015)

      Current date/time is Fri Nov 08, 2024 5:21 am