News at your Fingertips in Sri Lanka

The Central Bank restricts the importation of a number of non-essential goods.

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The Central Bank has announced that a requirement of 100% cash deposit (in US dollars) has been imposed on the importation of 623 non-essential goods imported to Sri Lanka.

This includes 623 items, including mobile phones, televisions, watches, refrigerators, rubber tires, fruit, air conditioners, beverages, and cosmetics.

The move is aimed at protecting exchange rate stability and exchange liquidity in the banking system.

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