The reason behind Bangladesh’s $250m loan assistance to Sri Lanka

By Star Explains
24 September 2021, 12:18 PM
UPDATED 25 September 2021, 16:45 PM
Bangladesh recently decided to lend $250 million dollars to Sri Lanka from its foreign currency reserve. This loan will be provided through a currency swap mechanism.

Bangladesh recently decided to lend $250 million dollars to Sri Lanka from its foreign currency reserve. This loan will be provided through a currency swap mechanism.

This episode of Star Explains discusses the reason behind this lending and the conditions under which the process will be conducted.