Which country recently approved a $200 million currency swap facility to Sri Lanka?

Which country recently approved a $200 million currency swap facility to Sri Lanka?

A. China

B. India

C. Japan

D. Bangladesh

Explanation:

Bangladesh Bank, Bangladesh’s central bank, has in principle approved a $200 million currency swap agreement with Sri Lanka, which will help Colombo tide over its foreign exchange crisis.Sri Lanka, staring at an external debt repayment schedule of $4.05 million this year, is in urgent need of foreign exchange. Its own foreign exchange reserves in March year stood at $4 million.