- Last Update 2026-04-04 19:34:00
Cabinet suspends all restrictions on foreign currency inflows into Sri Lanka
The Cabinet of Ministers have decided yesterday to suspend all restrictions on foreign currency inflows into Sri Lanka during COVID-19 prevention period, defined as three months commencing from April 2, a circular issued by the General Treasury said.
The move came in the wake of Central Bank also appealed to overseas Sri Lankan and locally-based Sri Lankans with foreign currency assets to invest their money in Sri Lankan banks and finance companies to help the country stave off an impending foreign currency crisis.
The appeal, made with the approval of the Cabinet of Ministers, invited Sri Lankan living abroad and here with foreign currency savings to invest during a period of three months starting from April 2. “Your foreign currency deposits in the Sri Lankan banking system at this difficult stage will be of immense help to authorities to tide over the present crisis,”
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Water cuts commence from today in Colombo district
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
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Temperature set to increase to ‘Caution level’
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