CBSL issues new rules on export proceeds conversion of goods & services

CBSL issues new rules on export proceeds conversion; applicable for both goods & services

The Monetary Board of the Central Bank has issued new rules, in respect of repatriation of export proceeds into Sri Lanka and conversion of such export proceeds to Sri Lanka Rupees, repealing the existing rules. The new rules are applicable for both exporters of goods and services in Sri Lanka. The new Rules require exporters […]