Global Trade Alert
Global Trade Alert

Sri Lanka: 100% cash margin requirement imposed on imports of goods

Announcement

19 May 2022

The central bank of Sri Lanka has introduced a 100% cash margin requirement on the imports of certain goods.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 May 2022

Revocation date:

No revocation date

Updated: 19 May 2022
Trade payment measure In force
On 19 May 2022, the Central Bank of Sri Lanka imposed a 100% cash margin requirement for opening letters of credit for the imports of certain goods. The margin will be released after the clearance of ...
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