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Sri Lanka introduces cash margin deposit for non-essential imports

september 09, 2021by Reacties uitgeschakeld voor Sri Lanka introduces cash margin deposit for non-essential imports

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COLOMBO, Sept. 9 (Xinhua) — The Central Bank of Sri Lanka (CBSL) on Thursday announced a decision to impose a 100-percent cash margin deposit requirement against the import of selected non-essential goods.

“The decision to impose the cash margin deposit requirement is expected to support the ongoing efforts to preserve the stability of the exchange rate and foreign currency market liquidity, particularly by dis

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