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Forex controls relaxed

Mar 9, 2010 4:53:36 AM - itnnews.lk
Sri Lanka has relaxed several exchange controls relating to opening bank accounts abroad, forward foreign exchange cover and imports margin deposits and pre-payments from 11th March, in the first phase of a foreign exchange liberalization plan announced earlier in the year. Central Bank Governor Ajith Nivard Cabraal said this is the first in the series of [...]