Lanka ‘banking on’ $1 bn India swap deal

Topics Covered: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.  Lanka ‘banking on’ $1 bn India swap deal:  Context:  Sri Lanka is “banking on” a $1 billion currency swap from India to meet its debt repayment obligations this year and tide over the current economic crisis.  Sri Lanka is a $400 …