FILE PHOTO: A man walks along a beach, against the backdrop of Colombo's Financial City, Sri Lanka June 12, 2018. REUTERS/ Dinuka Liyanawatte
COLOMBO (Reuters) -Sri Lanka has sought an additional credit line of $1 billion from India to import essentials amid its worst economic crisis in decades, two sources said on Monday, as the Indian foreign minister began talks with the government of its neighbour.
The island nation is struggling to pay for essential imports of food and fuel after a 70% drop in foreign exchange reserves since January 2020 led to a currency devaluation and efforts to seek help from global lenders.
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