CBSL extends deadline for exporters to convert proceeds into Sri Lanka Rupees
The Central Bank of Sri Lanka (CBSL) has relaxed the period for exporters of goods to convert their export proceeds into Sri Lanka Rupees.
Under the new "Repatriation of Export Proceeds into Sri Lanka Rules No. 01 of 2024," published in Gazette Extraordinary No. 2391/02 and approved in Parliament on 04.09.2024, exporters now have more time to convert their export proceeds.
In a statement, CBSL said that previously, exporters were required to convert their proceeds by the seventh day of the following month.
The new rules extend this deadline to the tenth day of the month after three calendar months from the date of receipt of the proceeds.
The full rules can be accessed at www.dfe.lk, it added.
Local News
Report on Rice and Paddy Stocks to be handed over to President
06 November 2024
Appeals Court Upholds Prison Sentence for Ex-Deputy Minister
06 November 2024
Heavy Showers, Thunderstorms, Expected Across Multiple Provinces
06 November 2024
Over 1,200 Vacancies in Several Government Executive Services
06 November 2024
Electronic National Identity Cards to Be Issued in December
05 November 2024
Trending News
SIMs to be deactivated on unregistered new mobile devices from tomorrow
30 September 2020
Sex education is the way to prevent child abuse – Ali Sabry
28 September 2020
Two suspended trains to resume operations
28 September 2020
Curfew in Western Province to be lifted on Monday - Army Commander
05 November 2020
