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CBSL announces “festival offer” for migrant workers

1 December 2021 06:02 pm - 13     - {{hitsCtrl.values.hits}}

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In a move to encourage the influx of foreign remittances, the Central Bank of Sri Lanka (CBSL) announced today what it called an “exclusive offer” for migrant workers for the December festival season.

The CBSL announced that migrant workers will be able to fetch an additional Rs. 10 for every US Dollar they convert into rupees this month.

The offer is for US Dollar conversions done via the Sri Lankan banking system and other formal channels. 

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  Comments - 13

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  • Kikazaru Wednesday, 01 December 2021 06:35 PM

    Ha Ha Ha ! Kabalrala has given in partially. It wont be long before the rupee will have to be floated.

    Nadi Karunaratne Wednesday, 01 December 2021 06:37 PM

    Is that the best they can do.......pitiful.

    Sam Silva Wednesday, 01 December 2021 06:54 PM

    When someone remit in dollars you want to convert it to Rupees. It's good for our vulnerable people.

    Dee Wednesday, 01 December 2021 07:56 PM

    Float the darn thing! Don't go on a merry go round!

    Jagath Leanage Wednesday, 01 December 2021 09:10 PM

    Who will go to banks to exchange dollars ? Kabaraal must be thinking people are fools .

    roni Wednesday, 01 December 2021 09:50 PM

    To what a low level this esteemed institution founded by John Exter has Fallen. The issue is when it run by an Accounting technician rather than an economist.

    VJ Wednesday, 01 December 2021 10:04 PM

    Good move but it is still Rs.30 less.

    Johan Wednesday, 01 December 2021 10:30 PM

    Penny wise pound foolish

    N SENA Wednesday, 01 December 2021 10:33 PM

    DONT OFFER PEANUTS. GIVE US DUTY FREE CONCESSION TO IMPORT A VEHICLE BASED ON THE AMOUNT BROUGHT INTO THE COUNTRY OR HAVE ALREADY BROUGHT IN

    Christmas Carol Thursday, 02 December 2021 07:38 AM

    Warning! Beware of Cabraals bringing gifts!!!

    Any money Thursday, 02 December 2021 08:44 AM

    I use my credit card for purchase (foreign card). Am I entitled the offer? or Is it only for the ME return people.

    Ishara Thursday, 02 December 2021 08:54 AM

    who cares, he can print as much as he wants... guys dont fall for traps, outside its 40 rupees more.

    Puzzled Thursday, 02 December 2021 01:25 PM

    In January it will be sale with 20% off.Await the great sale.Seriously is this some kind of a joke?


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Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.