Friday, 05 February 2021 - 13:17
The Central Bank has confirmed that it has fully settled the USD 400 million loan obtained under the Swap facility from India.
There is no truth to the story that India has called for a settlement of the US $ 400 million currency swap after the Sri Lankan government decision reneging on the 2019 agreement with India on the development of the East Coast Terminal (ECT) of the Colombo Port.
The Central Bank of Sri Lanka (CBSL) and the Reserve Bank of India (RBI) entered into a currency swap agreement on 24th July 2020 under the Framework on Currency Swap Arrangement for South Asian Association for Regional Cooperation (SAARC) countries for 2019 - 2022.
Jan 21 2021 Read 627 Times
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The U.S. Supreme Court turned away a Democratic bid to force universal vote-by-mail in Texas, leaving intact a state law that lets people cast no-excuse absentee ballots only if they are 65 or older.
The Texas Democratic Party and its allies argued unsuccessfully that the law violates the Constitutions 26th Amendment, which says the right to vote shall not be denied or abridged by the United States or by any state on account of age.
Voting by mail became a sharply partisan issue amid President Donald Trumps unsupported contentions that the practice led to widespread fraud in the November election. Texass Republican governor and attorney general urged the Supreme Court to reject the Democratic appeal.