Tag: Forex Crisis

India Looking At Currency Swap Option To Help Exporters As Sri Lanka Plunges Into Forex Crisis
India Looking At Currency Swap Option To Help Exporters As Sri Lanka Plunges Into Forex Crisis

Sri Lanka's foreign exchange reserves further dropped to $1,587 million in November 2021 - the lowest since May 2009. In October, Sri Lanka's forex reserves stood at $2,269.2 million recorded in October. The country's forex reserves are just enough to cater to a month's imports.

  • Thursday, 23 December 2021
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