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1. External Sector Performance - October 2020

   ... remittances and the resultant stability in the domestic foreign exchange market. While imports continued to be restrained under low global oil ...

   conedit1 - 14.12.2020 - 19:24

2. The Central Bank of Sri Lanka Introduces Urgent Measures to Ease the Pressure on the Exchange Rate and Prevent Financial Market Panic due to the COVID-19 Pandemic

   ... Act No. 58 of 1949, the Banking Act No. 30 of 1988, and the Foreign Exchange Act No. 12 of 2017, the Central Bank of Sri Lanka introduced several ...

   content_manager - 20.03.2020 - 11:39

3. External Sector Performance - September 2020

   ... remittances and the resultant stability in the domestic foreign exchange market. The trade deficit improved in September 2020, compared to a ...

   content_manager - 09.11.2020 - 15:15

4. New rules to convert export proceeds will result in multiple benefits to the country and have no impact on inward remittances by Sri Lankans working abroad

   ... pandemic. The pandemic resulted in a substantial loss of foreign exchange revenues to the country, but unprecedented support provided by the ...

   tmadmin - 09.11.2021 - 08:23

5. Sri Lanka receives Special Drawing Rights (SDR) Allocation of International Monetary Fund (IMF) and the Initial Disbursements under the Currency Swap Arrangement with the Bangladesh Bank

   ... due to the COVID-19 pandemic, supplementing countries’ foreign exchange reserves and reducing their reliance on expensive domestic and/or ...

   conedit1 - 31.08.2021 - 22:37

6. Non-Renewal of the Money Changing Permits issued to fifteen (15) Money Changers (MCs) for the year 2023

   ... Chilaw Road, Kattuwa, Negombo 3 Jeya Forex Exchange (Pvt) Ltd No. 688, Galle Road, Colombo 03 4 Kamal ... changing activities, and buying, selling and exchanging foreign currency with such companies are considered as a contravention of the ...

   conedit1 - 10.07.2023 - 14:18

7. Introduction of a Regulatory Framework to Facilitate Foreign Currency Borrowings by Licensed Finance Companies

   ... of the Central Bank of Sri Lanka (CBSL) issued directions on foreign currency borrowings by Licensed Finance Companies (LFCs) on 9th April ... or more. CBSL has facilitated the hedging of foreign exchange risk of the loan proceeds through the Licensed Commercial Banks, while ...

   content_manager - 16.04.2021 - 19:36

8. External Sector Performance - February 2021

   ... remittances and the relative stability in the domestic foreign exchange market supported Sri Lanka’s external sector in February 2021. The ...

   content_manager - 17.04.2021 - 19:36

9. Future Benefits for Sri Lankan Expatriates Working Abroad to be Linked to Quantum of Remittances

   ... Sri Lankans employed abroad have been an important flow of foreign exchange into the country, with an annual average value of over US dollars 7 ...

   conedit1 - 11.11.2021 - 11:22

10. External Sector Performance – February 2022

    ... remittances continued to moderate in February 2022. Foreign investment in the Colombo Stock Exchange (CSE) recorded a net inflow during the month. The weighted average ...

    tmadmin - 15.05.2022 - 14:35

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