A 10 billion yuan (about 1.5 billion US dollar) swap line for Sri Lanka’s central bank with the People’s Bank of China amount to 10 billion yuan is in an advanced stage, State Minister for Money and Capital Markets Nivard Cabraal said.

“The swap with China is in a state of advanced progress,” Minister Cabraal said. It will be at very advantageous terms.”

Sri Lanka has reported 5,555 million dollars of gross official reserves by November 2020.

https://economynext.com/sri-lanka-swap-with-peopless-bank-of-china-in-advanced-stage-minister-cabraal-77666/