We do not take dollars from people’s accounts forcibly – CBSL governer

Date:

The Governor of the Central Bank Ajith Nivard Cabraal has stated that no order has been issued to forcibly convert foreign currency including dollars in the bank accounts of Sri Lankans into rupees. He said this in a Tweet.

Cabral also said that rumors that foreign currencies were being converted into rupees without the knowledge of the relevant account holders were completely untrue.

Share post:

spot_imgspot_img

Popular

More like this
Related

Government Probes into Rapid Expansion of Unregulated Co-operative Banks

Financial institutions mushrooming in the island without a proper oversight as...

Sri Lanka Launches Bold Crackdown to Recover Stolen Wealth

In a sweeping move to confront decades of entrenched...

Guarantee Trap: Hidden Fiscal Risks Lurking in Sri Lanka’s Debt

Sri Lanka’s growing dependence on government guarantees has turned...

Sri Lanka’s Gem Glory Dimmed by US $1 Billion Black Market

The gem and jewellery industry in Sri Lanka long...