Global Trade Alert
Global Trade Alert

Sri Lanka: Relaxed foreign exchange regulations

Announcement

28 May 2014

In May 2014, the government of Sri Lanka announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

28 May 2014

Revocation date:

No revocation date

Updated: 28 May 2014
Controls on commercial transactions and investment instruments In force

On 28 May 2014, the Central Bank of Sri Lanka relaxed certain foreign exchange regulations. The new regime liberalises several aspects of the transactions in foreign currency:

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