Monday, April 6, 2020

Sri Lanka tightens foreign exchange controls for three months

COLOMBO (News1st): Sri Lanka has tightened foreign exchange controls for three months to limit outflows as the rupee depreciated sharply against the US dollar. In a gazette published last Thursday, Prime Minister Mahinda Rajapaksa announced certain restriction on making payments through Outward Investment Accounts for the purpose of making investments in overseas. The gazette stated […]

Sri Lanka tightens foreign exchange controls for three months

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