Indian HC confirms extension of USD 900 Mn financial facility to SL

13 January 2022 03:50 pm

The Indian High Commission has confirmed the extension of USD 900 million financial facility including USD 400 million currency swap to Sri Lanka.

The High Commission tweeted that the High Commissioner met the Governor of the Central Bank and conveyed India's support to Sri Lanka.

"High Commissioner met CBSL Govenor and expressed India’s strong support to SriLanka in the wake of RBI extending over US$ 900 mn facilities over the last week. These comprise deferment of Asian Clearing Union settlement of over US$ 500 mn and a currency swap of US$ 400 mn," the High Commission tweeted.