Page 8 - பேட்ரிக் குர்ரன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

3 Min Read COLOMBO (Reuters) - China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, a government spokesman in Colombo said on Wednesday, giving some respite from concerns about public finances. FILE PHOTO: A general view of a Port City Colombo project is seen in the business district, in Colombo, Sri Lanka, September 9, 2020. REUTERS/Dinuka Liyanawatte The deal will allow the island to weather “present difficulties”, State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal said in an interview with the Daily Mirror earlier on Wednesday. Sri Lanka’s government bonds surged after the announcement, with Sri Lanka’s dollar-denominated bond due in July 2021 climbing 3.5 cents to 96.3 cents and its highest level since March 2020. The January 2022 issue jumped 4.8 cents, Tradeweb data showed.

Sri lankaNew delhiCity ofUnited kingdomPatrick curranGotabaya rajapaksaTom arnoldWaruna karunatilakeToby chopraChizu nomiyamaJohn stonestreetAlasdair palAjith nivard cabraalThomson reuters trust principlesState ministerCapital market