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Bangladesh cuts difference between dollar rates for export proceeds, remittances by Tk 0 50

Bangladesh cuts difference between dollar rates for export proceeds, remittances by Tk 0 50
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Afzal karimSonali bankInternational monetary fundAssociation of bankersSonali bank managing director afzal karimExport proceed

Repatriation of Export Proceeds into Sri Lanka - Adaderana Biz English

Repatriation of Export Proceeds into Sri Lanka February, 22, 2021 The Monetary Board has issued Rules as published in the Gazette Extraordinary No. 2215/39 dated 18.02.2021 in respect of receipt of export proceeds into Sri Lanka and conversion of such export proceeds into Sri Lanka Rupees. Accordingly, following Rules are imposed with effect from 18 February 2021 until further notice. 1. Every exporter of goods shall: (i) receive the export proceeds in Sri Lanka in respect of all goods exported within hundred and eighty (180) days from the date of shipment, and (ii) forthwith submit all related documentary evidence on each and every receipt of export proceeds in respect of every export of goods made, to the respective Licensed Commercial Bank or the Licensed Specialized Bank (hereinafter referred to as “Licensed bank”) that receives such proceeds in Sri Lanka.

Sri lankaDemocratic socialist republic of sri lankaForeign exchangeCentral bankSpecialized bankForeign exchange department of the central bankLicensed commercial bankLicensed specialized bankSri lanka rupeesMonetary boardForeign exchange departmentDeputy governorExport proceedForeign exchange actExtraordinary gazetteDemocratic socialist republic

LankaWeb – CBSL notice – Repatriation of Export Proceeds into Sri Lanka

Posted on February 19th, 2021 Courtesy Hiru News The Monetary Board has issued Rules as published in the Gazette Extraordinary No. 2215/39 dated 18.02.2021 in respect of receipt of export proceeds into Sri Lanka and conversion of such export proceeds into Sri Lanka Rupees. Accordingly, following Rules are imposed with effect from 18 February 2021 until further notice. 1. Every exporter of goods shall: (i) receive the export proceeds in Sri Lanka in respect of all goods exported within hundred and eighty (180) days from the date of shipment, and (ii) forthwith submit all related documentary evidence on each and every receipt of export proceeds in respect of every export of goods made, to the respective Licensed Commercial Bank or the Licensed Specialized Bank (hereinafter referred to as Licensed bank”) that receives such proceeds in Sri Lanka.

Sri lankaDemocratic socialist republic of sri lankaForeign exchangeCentral bankSpecialized bankForeign exchange department of the central bankCourtesy hiruMonetary boardGazette extraordinaryLicensed commercial bankLicensed specialized bankSri lanka rupeesForeign exchange departmentDeputy governorExport proceedForeign exchange act

25% of export proceeds must be converted to LKR; says CBSL

25% of export proceeds must be converted to LKR; says CBSL 25% of export proceeds must be converted to LKR; says CBSL Written by Share: Colombo (News 1st); The Monetary Board has issued Rules as published in the Gazette Extraordinary No. 2215/39 dated 18.02.2021 in respect of receipt of export proceeds into Sri Lanka and conversion of such export proceeds into Sri Lanka Rupees. Accordingly, following Rules are imposed with effect from 18 February 2021 until further notice. 1. Every exporter of goods shall: (i) receive the export proceeds in Sri Lanka in respect of all goods exported within hundred and eighty (180) days from the date of shipment, and

Sri lankaDemocratic socialist republic of sri lankaForeign exchangeCentral bankSpecialized bankForeign exchange department of the central bankMonetary boardGazette extraordinaryLicensed commercial bankLicensed specialized bankSri lanka rupeesForeign exchange departmentDeputy governorExport proceedForeign exchange actExtraordinary gazette