Sri Lanka c bank to slowly lift forex restrictions

SRI LANKA - Sri Lanka's central bank said 30 July it will gradually lift several restrictions on the foreign exchange market that were imposed when the rupee was floated in January.

Uthum Herat, a senior official at the bank's research department, told a seminar that "the bank is committed towards easing these regulations gradually."

However, he didn't specify a timeframe.

Following a series of defacto devaluations of the local currency since June last year, the central bank floated the rupee 23

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.