China approved 10 billion Yuan currency swap

10 March 2021 03:13 pm - 10 - {{hitsCtrl.values.hits}}

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China approved 10 billion Yuan currency swap ( USD 1.5 billion) to Sri Lanka, State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal said.

The State Minister told Daily Mirror that it was a welcoming development for Sri Lanka to tide over present difficulties.

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Comments - 10

Hiran Shanaka Wednesday, 10 March 2021 03:45 PM

You can expect 20 billion worth of troubles but else the beggar can do....

Siribiris Wednesday, 10 March 2021 05:21 PM

Our country is like a beggar now . Allways asking loans from china . No sooner this country will belong to china .

Hiran W. Wednesday, 10 March 2021 05:44 PM

Of course China will approve big currency swaps since China will end up owning all of Sri Lanka in the near future. Wake up Sri Lanka!

Chux Wednesday, 10 March 2021 10:16 PM

On the verge of grabbing our much loved nation

brainmaster Wednesday, 10 March 2021 10:19 PM

I don't like the chinese, dangerous

Joker Wednesday, 10 March 2021 10:45 PM

Next Swap the whole country !!

Bala Wednesday, 10 March 2021 10:52 PM

Chinese loans have no strings attached?

Shiran Wednesday, 10 March 2021 11:27 PM

Chin lanka, when jackasses take over country of jackasses.

RP Thursday, 11 March 2021 03:16 AM

Hambanthota port was ceded for 99 years lease for defaulting on payments? Entire Island soon to be swapped with this $1.5 Billion Currency Swap. Remember how prosperous Rhodesia was and looks like SL is heading that direction, unfortunately. One mad man Mugabe for Zimbabwe and one Family for SL!

Vel Tharma Thursday, 11 March 2021 05:55 PM

From currency swap to debt swap From debt swaps to equity swap SL will be owned by China

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China approved 10 billion Yuan currency swap

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