චීනය සහ ශ්‍රී ලංකාව අතර මූල්‍ය සබඳතා තවදුරටත් පහසු කරමින් යුවාන් ගෙවීම් පියවීම් බැංකුව නිල වශයෙන් ශ්‍රී ලංකාවේ විවෘත වෙයි

Sri Lanka officially launched its first Chinese yuan, or renminbi (RMB), clearing bank in Colombo on October 15, according to Newswire and Daily Mirror. The reports identify Bank of China’s Colombo branch as the provider of the yuan settlement facility.

The new arrangement creates a more direct route for settling payments linked to trade between Sri Lanka and China. Daily Mirror reported that using the channel could reduce currency conversion costs and make transactions faster.

The launch was presented in the reports as a step towards facilitating cross-border financial transactions and strengthening economic and financial ties between the two countries. The reports do not provide further details about the facility’s operating arrangements or what steps will follow.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.