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July to September Current Affairs - 2020
Reserve Bank of India (RBI) has agreed to a USD 400 million currency swap facility for which country?
A)
USA
B)
UAE
C)
Sri Lanka
D)
Japan

Correct Answer :   Sri Lanka


Reserve Bank of India (RBI) has agreed to a USD 400 million currency swap facility for Sri Lanka, valid till November 2022. This will help Sri Lanka to meet its short-term international liquidity requirements and to boost its foreign exchange reserves following the economic crisis resulting from COVID-19.

Published On : July 18, 2021
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