Mon, 27 Sep 2021 Today's Paper

Govt. to relax exchange control regulations

13 December 2016 09:16 am - 3     - {{hitsCtrl.values.hits}}

A A A

The Government will introduce new legislation, by end January next year, relaxing the  strictures placed on exchange control, Finance Minister Ravi  Karunanayake said yesterday.   

It was one of the Budget proposals.  

When asked about the progress made, he said the Legal Draftsman’s Department was in the process of preparing the necessary legislation.   

Currently, the Central Bank controls the exchange  rates but with the new legislation it would be the market which would determine the rates. (Kelum Bandara)

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 3

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  • Indika Tuesday, 13 December 2016 12:37 PM

    Here we go.It seems the so called economic osthars have finished selling all Central Bank's usds to keep lkr stable.Now expect 180~200lkrs for a usd by the end of 2017.rest in peace Sri lanka

    Nish Tuesday, 13 December 2016 01:00 PM

    And then money launder all the ill gotten wealth. We will suffer.

    B S Perera Tuesday, 13 December 2016 02:27 PM

    Minister is very silent about TWICE promised Senior Citizens' FD interest rates -SHAME !


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


A state-sponsored elephant racket in the works

A controversial new gazette has been issued seeking to employ elephants for w

Waiver of registration questioned: Import of covid related drugs, products shrouded in controversy

The National Medicines Regulatory Authority- the independent authority that r

Mysterious disease killing pups!

A mysterious respiratory disease affecting puppies in the Central Province is

Jacqueline Fernandez; Lankan Star Shining in Indian Film Sky

Sri Lanka’s Jacqueline Fernandez who has made a name for herself in India