CBSL to buy 25 pc of commercial banks’ forex
Posted on December 27th, 2021

Courtesy Ceylon Today

The Central Bank of Sri Lanka has ordered all licensed commercial banks to sell 25 per cent of their foreign exchange transactions to the CBSL on a weekly basis.

Meanwhile, the CBSL has raised the annual license fees of licensed commercial banks and licensed specialised banks.

Its Monetary Board requests these banks to pay the license fees in respect of the calendar year 2022 to the Central Bank on or before 31 January 2022.

The fees are based on the total assets as at the end of 2021.

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