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Limits the amount of foreign currency that can be held

The amount of foreign currency that a resident of this country can hold in his possession is limited.

It will be effective from the 16th.

Accordingly, the amount has been reduced from US $ 15,000 to US $ 10,000.

If more than this amount is kept, it should be deposited in a foreign currency account or sold to a licensed commercial bank.

A general amnesty period of 14 working days has been granted for this purpose from June 16.

It is also stated that action will be taken against those who violate the relevant rules after that period. (colombotimes.lk)

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