{"id":107510,"date":"2020-10-12T16:25:11","date_gmt":"2020-10-12T23:25:11","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=107510"},"modified":"2020-10-12T16:25:11","modified_gmt":"2020-10-12T23:25:11","slug":"negotiations-underway-for-rmb-10bn-currency-swap","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2020\/10\/12\/negotiations-underway-for-rmb-10bn-currency-swap\/","title":{"rendered":"Negotiations underway for RMB 10Bn Currency Swap"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy The Daily Mirror<\/em><\/span><\/h2>\n\n\n<p>Negotiations were underway for a 10 billion RMB (Renminbi) currency swap agreement between the Central Bank and the People\u2019s Bank of China, a Minister said yesterday.<\/p>\n\n\n\n<p>He said the currency swap would boost liquidity in the country.<\/p>\n\n\n\n<p>Money, Capital Markets and Public Enterprise Reforms Minister Ajith Nivard Cabraal told Daily Mirror this would help the government tide over the present difficulties.<\/p>\n\n\n\n<p>He said there was a similar agreement signed by him, as the then Governor of the Central Bank.<\/p>\n\n\n\n<p>We are seeking a similar arrangement with People\u2019s Bank of China which is the Central Bank of China.,\u201d he said.<\/p>\n\n\n\n<p>Earlier, the Reserve Bank of India (RBI) signed an agreement for extending a $400 million currency swap facility to Sri Lanka to boost foreign reserves and ensure the financial stability of the country.&nbsp;<strong>(Kelum Bandara)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy The Daily Mirror Negotiations were underway for a 10 billion RMB (Renminbi) currency swap agreement between the Central Bank and the People\u2019s Bank of China, a Minister said yesterday. He said the currency swap would boost liquidity in the country. Money, Capital Markets and Public Enterprise Reforms Minister Ajith Nivard Cabraal told Daily Mirror [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-107510","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/107510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=107510"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/107510\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=107510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=107510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=107510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}