Tag: Central Bank reduces exporter proceeds conversion rule to 10-pct

Export-Import

Central Bank reduces exporter proceeds conversion rule to 10-pct

The Central Bank, having considered the requests made by exporters has amended Rule No. 2 of 2021 by reducing the percentage of mandatory conversion requirement of export proceeds of goods into Sri Lankan Rupees from twenty-five (25) percent to ten (10) percent. The Bank has also extended the number of days given to exporters to […]