Best forex robot Sri Lanka seeks USD 1.1 billion currency swap facility from India amidst depleting forex reserves thumbnail

Best forex robot Sri Lanka seeks USD 1.1 billion currency swap facility from India amidst depleting forex reserves

COLOMBO: Sri Lankan President Gotabaya Rajapaksa has requested India to provide a special USD 1.1 billion currency swap facility to boost the country’s draining foreign exchange reserves in view of the economic slowdown due to the coronavirus pandemic. Rajapaksa’s office said that the new request is in addition to the USD 400 million amount Sri…

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Best forex robot Strong FPI inflows, rising foreign currency assets propel forex reserves to record high thumbnail

Best forex robot Strong FPI inflows, rising foreign currency assets propel forex reserves to record high

By: ENS Economic Bureau | New Delhi | Published: June 7, 2020 12:42:03 am Experts say in times of dwindling economic activity and growth, the rising Forex (Click Here For Best Forex Techniques) reserves provide a lot of strength as they now cover one year of import expenditure. (Representational Image)The country’s foreign exchange reserves surged $3.43 billion to an all-time high…

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