China loan and currency swap for Sri Lanka

China loan and currency swap for Sri Lanka

China loan and currency swap for Sri Lanka

Written by Zulfick Farzan

05 Mar, 2021 | 3:20 pm

Colombo (News 1st); China will endorse a US $ 500 million loan and a currency swap arrangement of two billion Yuan (around US $ 600 million) to Sri Lanka within the next couple of weeks.

The announcement quoting informed sources was made by the official Twitter handle of the Belt and Road Initiative in Sri Lanka.

Latest News

Are you interested in advertising on our website or video channel
Please contact us at [email protected]