Over 300 million US dollars is expected to be remitted following the offer given by the Central Bank to migrant Sri Lankans, Central Bank Governor Ajith Nivard Cabraal said.
Migrant Sri Lankans will receive Rs.10 extra for each USD remitted through licensed banks and other formal channels and converted into rupees in December 2021.
“The increase from two rupees to ten rupees will have a big impact on remittances,” he said.
Meanwhile, bank accounts of those who distribute and receive money through unlawful money transmission methods will be frozen with immediate effect, the Governor warned.
You can share this post!
Content
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
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 Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Leave Comments