Inward Worker News Today

Key developments of interest over the last month include: Hong Kong: HKMA issues Discussion Paper on crypto and stablecoins Ireland: Central Bank publishes "Dear CEO" letter on...

Economic activity is expected to record a gradual recovery following a temporary setback Monetary Policy Review: No. 01 – January 2022 As per the data released by the Department of Census and Statistics, domestic economic activity that was disrupted with the outbreak of the third wave of the COVID-19 pandemic and related mitigative measures is […]

The Central Bank expects economic activity to record a gradual recovery following a temporary setback due to the third wave of the Covid-19 pandemic, Central Bank Governor Ajith Nivard Cabraal said. “We have noted that the External Sector remained resilient amidst heightened challenges. With the normalization of global economic activity, a notable improvement in export […]

Economic activity is expected to record a gradual recovery following a temporary setback As per the data released by the Department of Census and Statistics, domestic economic activity that was disrupted with the outbreak of the third wave of the COVID-19 pandemic and related mitigative measures is estimated to have contracted by 1.5 per cent,...

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It is not mandatory for Sri Lankans working abroad to convert their remittances into Sri Lanka rupees, the Central Bank of Sri Lanka (CBSL) stated on Saturday, quashing rumours that CBSL rules require converting the entirety of workers’ remittances forcibly into Sri Lanka rupees (LKR) upon the receipt of such foreign exchange funds by the […]

Rules on conversion of export proceeds do not apply to workers remittances - CBSL Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. Sri Lanka News updates and discussions. Welcome to the No1 online news Site for Sri Lankans. A Rayynor Silva Holdings Company

Sri Lankas central bank said expat workers are not forced to convert their dollars into rupees, as resident persons earning dollar salaries or payments for doing work from time to time, cried foul over forced conversion of their earnings.

Additional incentives for inward workers’ remittances extended Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. Sri Lanka News updates and discussions. Welcome to the No1 online news Site for Sri Lankans. A Rayynor Silva Holdings Company

The Central Bank of Sri Lanka (CBSL) said on Wednesday that measures being taken at present would ensure that by end of 2021, official reserves would remain above US dollars 3 billion. Thus the government and the Central Bank remain confident that expected inflows will materialise and the reserve position will remain at comfortable level […]