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1. Remittance of Funds to Sri Lankans Abroad to Pursue Studies and on Short Term Visits, to Meet Their Expenses

   ... fees, etc., through an Authorized Dealer (AD) in foreign exchange (any Licensed Commercial Bank or a permitted Licensed Specialized ... measures introduced by CBSL to ease the pressure on the exchange rate, such as reducing the maximum limit of foreign currency notes ...

   content_manager - 20.04.2020 - 16:07

2. The Democratic Socialist Republic of Sri Lanka USD 2.4 billion International Sovereign Bond Offering

   ... the Bonds are also expected to be listed on the London Stock Exchange (LSE), to be admitted to the LSE’s International Securities Market (ISM), in addition to the listing on the Singapore Exchange Securities Trading Limited (the SGXST), for the listing and quotation ...

   content_manager - 08.03.2019 - 17:12

3. Extending Additional Incentives for Inward Workers’ Remittances

   ... limit when remitting their money to Sri Lanka through exchange houses and / or banks. Accordingly, a large segment of Sri Lankans ...

   tmadmin - 24.12.2021 - 17:37

4. Repatriation of Export Proceeds into Sri Lanka

   ... banks shall submit reports to the Director of the Foreign Exchange Department of the Central Bank of Sri Lanka as may be required from ... made under Section 29 read with Section 7 of the Foreign Exchange Act, No. 12 of 2017, published in the Extraordinary Gazette No. ...

   conedit1 - 20.02.2021 - 19:07

5. The Central Bank publishes 'Recent Economic Developments: Highlights of 2020 and Prospects for 2021'

   ... trade balance, a revival of workers’ remittances, a stable exchange rate, and a reasonable level of official reserves. The external sector ... and the Central Bank, including the net purchases of foreign exchange from the domestic foreign exchange market. Amidst adverse ...

   content_manager - 31.10.2020 - 21:09

6. Road Map 2018 - Monetary and Financial Sector Policies for 2018 and Beyond

   ... with better prospects in key export markets and the flexible exchange rate policy of the Central Bank, the trade account continued to be ... path, while complicating the conduct of monetary and exchange rate policies. FULL TEXT Published Date:  ...

   content_manager - 07.02.2018 - 16:30

7. Appointment of New Assistant Governors

   ... Mrs. T M J Y P Fernando Former Controller of Exchange as the Assistant Governor in-charge of departments of Exchange Control, Bank Supervision, and Legal and Compliance. Mrs. ...

   content_manager - 29.09.2017 - 15:33

8. IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform Program - September 27, 2018

   ...          A strong policy mix and exchange rate flexibility are critical to strengthen the economy’s resilience ... CBSL to strengthen reserve buffers and a clear commitment to exchange rate flexibility are critical to enhance external competitiveness and ...

   conedit2 - 28.09.2018 - 12:34

9. IMF Staff Concludes the 2018 Article IV Mission with Sri Lanka and Discusses Progress of Economic Reform Program

   ... SOE governance, (ii) modernizing monetary, financial and exchange rate policy frameworks, and (iii) accelerating growth-enhancing ... ii.Modernizing monetary, financial, and exchange rate policy frameworks The CBSL has prudently managed monetary ... buffers and, in the event of volatile global capital flows, exchange rate flexibility should be the first line of defense. Planned changes ...

   content_manager - 20.03.2018 - 19:48

10. Monetary Policy Review - March 2016

    ... due to debt service payments and the supply of foreign exchange to the domestic foreign exchange market largely to cover the demand arising from foreign investors who ...

    content_manager - 29.11.2018 - 10:46

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