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
- Sri Lanka President approves anti-corruption units in provincial, local bodies May 15, 2025
- Sri Lanka allows salt imports until June 10, 2025 May 15, 2025
- Sri Lanka and India sign key agreements on restructuring external debt May 15, 2025
- Sri Lankan Government auctioning 26 vehicles, including Porsche and BMW May 15, 2025
- Sri Lanka President: Government backed by active, forward-thinking voters May 15, 2025
