Maldives’ 40% Dollar Conversion Rule is a gift for Sri Lanka’s Tourism Sector

Sri Lanka and other regional players to benefit By Jithendra Antonio On 31 August 2026, President Mohamed Muizzu signed the First Amendment to the Foreign Currency Act into law, alongside six other pieces of legislation. The amendment came into force the very next day, on 1 September 2026. Buried in the fine print of a […]