Sri Lanka CB raids money changers for offering parallel exchange rates
Sri Lanka's central bank said it had raided at least four authorized money changers for giving rates higher than a mandated pegged rate.
Source: economynext.com
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Central Bank initiates regulatory actions against errant Money Changers
In response to several complaints that certain Authorized Money Changers are engaged in activities which are not in compliance with the Directions issued under the provisions of the Foreign Exchange Act No. 12 of 2017 (FEA), the Central Bank is conducting a series of spot examinations at the places
Source: lankabusinessonline.com