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Foreign exchange rules relaxed via latest order

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. .. ....

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Sri Lanka relaxes capital controls for first time in over 3 years - Top Story

Sri Lanka relaxes capital controls for first time in over 3 years - Top Story
dailymirror.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymirror.lk Daily Mail and Mail on Sunday newspapers.

Sri Lanka , Foreign Exchange , Colombo Stock Exchange , Central Bank , Monetary Board Of The Central Bank , Finance Minister , Monetary Board , Outward Investment Accounts , Business Foreign Currency ,

New exchange control regulations on top of import controls

New exchange control regulations on top of import controls
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

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Suspensions and restrictions on outward remittances announced by CBSL

Suspensions and restrictions on outward remittances announced by CBSL
hirunews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hirunews.lk Daily Mail and Mail on Sunday newspapers.

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Sri Lanka restricts outward remittances for 6 months to preserve foreign exchange position

With a view to assist and maintain the financial system stability by minimizing the pressure on the exchange rate and preserving the foreign currency reserve position of Sri Lanka, the Finance Minister with the recommendation of the Monetary Board of the Central Bank and the approval of the Cabinet has issued an Order under Section 22 of the Foreign Exchange Act.
Accordingly, the following suspensions/restrictions on outward remittances will be effective for six (06) months commencing from 2 July 2021.
i. Suspend the repatriation of funds under the migration allowance out of funds received as monetary gifts by an emigrant from an immediate family member (i.e. parents, grandparents, siblings and spouse of the Emigrant). ....

Sri Lanka , Sri Lankan , Exchange Control , Foreign Exchange , Head Of Department Foreign Exchange , Provident Fund , Monetary Board Of The Central Bank , Finance Minister , Monetary Board , Central Bank , Capital Transactions Rupee Accounts , Employees Provident Fund , Employees Trust Fund , Capital Transaction Rupee Accounts , Remittable Income Accounts , Temporary Residence Visa , Outward Investment Accounts , Extraordinary Gazette Notifications , Foreign Exchange Act , Exchange Control Act , Business Foreign Currency Accounts , Personal Foreign Currency Accounts , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் , பரிமாற்றம் கட்டுப்பாடு , வெளிநாட்டு பரிமாற்றம் ,