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Centre amends Foreign Trade Policy to allow international trade settlements in Indian Rupees

Centre amends Foreign Trade Policy to allow international trade settlements in Indian Rupees
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CB relaxes mandatory conversion requirement on service export proceeds - Adaderana Biz English

With the view of encouraging service exporters to repatriate their export proceeds into the country, the Central Bank of Sri Lanka has withdrawn the mandatory requirement to convert service export receipts/proceeds, that are received in Sri Lanka on or after 12 August 2022. The service exporters may use their export proceeds so repatriated to Sri.

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