Exports still required to convert a part of the U.S. Dollar income into Rupee – CBSL
Posted by Editor on April 11, 2023 - 11:36 am
Exports are still required to convert a part of the US Dollar income into Sri Lanka Rupees, the Central Bank of Sri Lanka (CBSL) announced.
Issuing a statement, the CBSL said the requirement to convert a part of the Dollar income received by the exporters into Rupees has not been suspended as claimed by some media outlets.
The Central Bank said however, the requirement to sell a part of the converted exporters’ dollar income to the CBSL by licensed banks has been suspended since March 07.
Latest Headlines in Sri Lanka
- Lohan Ratwatte’s wife further remanded until December 2, 2024 November 22, 2024
- Excavation begins near Veyangoda to uncover reported treasure November 22, 2024
- Thai vets plan to trim tusks of Muthu Raja, elephant repatriated from Sri Lanka November 22, 2024
- Sri Lanka to provide fuel-efficient vehicles for MPs to cut tax waste November 22, 2024
- 29 deputy ministers sworn in under Sri Lanka’s new government November 21, 2024
