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    Central Bank of Sri Lanka and Indian Reserve Bank inks a pact

    July 27, 2014

    The Central Bank of Sri Lanka (CBSL) and the Reserve Bank of India (RBI) have entered into a bilateral agreement, which enables CBSL to further diversify its reserves management activities into Indian rupee denominated assets.

     

    Reciprocally, the RBI would be able to access the Sri Lankan government securities market, up to a maximum value equivalent of USD 500 million, each way. (KH)

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