Sri Lanka seeks currency swap from India as economic pressures builds

Sri Lankan President, Gotabaya Rajapaksa, and Indian Prime Minister, Narendra Modi, held a telephone meeting today, with the Sri Lankan premier requesting economic support from New Delhi as the island's economy faces a massive crisis.
“If the Government of India could provide USD 1.1 billion special SWAP facility to top up USD 400 million under SAARC Facility it would enormously help Sri Lanka in dealing with our foreign exchange issues,” Rajapaksa requested, according to an official Sri Lankan press release.
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