The Central Bank of Sri Lanka (CBSL) says the Banking Act directions made by its Monetary Board on cash margin deposit requirements against imports have been revoked.
Thereby, the revocation, made pursuant to Sections 46(1) and 76(J)(1) of the Banking Act No. 30 of 1998, is effective immediately.

Central Bank will end the foreign exchange surrender rule by next week while marinating 100 percent exporter dollar conversations as the banking sector is now processed sufficient dollar reserves to finance the essential imports such as fuel, cooking gas, medicines and other commodities ,Central Bank Governor Nandalal Weerasinghe disclosed .

The Central Bank of Sri Lanka has issued a special announcement regarding the use of cryptocurrencies