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

To continue reading...

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 indvidual account here: