Regulatory Alerts2022-08-26 | Banking Act Order No. 01 of 2022Banking (Off-Shore Banking Business Scheme) Order Designated Foreign Currencies
The Monetary Board of the Central Bank of Sri Lanka, with ministerial approval, designates sixteen specific foreign currencies for use under the Off-Shore Banking Business Scheme. This order replaces the 2021 schedule and officially recognizes major global currencies alongside key regional Asian currencies to facilitate offshore banking transactions. The designated list includes the United States Dollar, Euro, Pound Sterling, Chinese Renminbi, and Indian Rupee among others.
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