The Central Bank of Sri Lanka (CB) on Friday clarified that the recent increase of the percentage of foreign exchange sales by banks to the CB from 25 per cent to 50 per cent, effective from March 21, is exclusively applicable to banks and “that will not have any impact on the prevailing requirements for the foreign exchange earnings of expatriate workers and export proceeds of exporters”, according to a statement issued by the monetary authority.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
The final rites of veteran broadcaster, writer, and lyricist Nirmala de Alwis will be held today at Peradeniya.
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