India to roll over $320mn currency swap to Maldives

4 hours ago

India has reportedly agreed to the Maldives’ request for the rollover a USD 320 million (INR 30 billion) currency swap facility provided to support the island nation overcome its financial woes. Sun has learnt the repayment of this currency swap is due within around 10 days. However, the Maldivian government has requested India for an extension. Although the Indian government has yet