LankaWeb – Lankan dollar salary earners face forcible conversions by banks lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
Sri Lanka s central bank said expat workers are not forced to convert their dollars into rupees, as resident persons earning dollar salaries or payments for doing work from time to time, cried foul over forced conversion of their earnings.
By A.J.A. Abeynayake The Bar Association of Sri Lanka (BASL) Tuesday petitioned the Court of Appeal seeking the issuance of a writ order nullifying the Extraordinary Gazette Notification issued by the Governor of the Central Bank of Sri Lanka ordering the conversion of foreign currency received through bank accounts into Sri Lankan rupees. The petition […]