Central Bank invites private sector to pursue avenues to raise offshore funding; zero-cost swap available

Central Bank invites private sector to raise offshore funding; zero-cost swap facility available

Sri Lanka’s Central Bank with a view of encouraging foreign currency inflows to the country, invites the private sector to pursue avenues to raise offshore funding leveraging on its strengths, with the consent of the Finance Minister and in line with provisions of the Foreign Exchange Act. In this regard, to hedge the foreign exchange […]