2022 Will be a Pivotal Year for Sri Lanka’s Foreign Exchange Problem

Posted on 12/28/2021


Sri Lanka’s economy is heavily dependent on tourism and COVID-19 deeply impacted the balance sheet of the island country. In a bid to save U.S. dollars, Sri Lanka has engaged in a wide range of measures to save foreign exchange reserves. Sri Lanka’s central bank has issued tighter controls on U.S. dollars needed to finance […]

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