Sri Lanka relaxes capital controls for first time in over 3 years
The government on Monday announced easing of certain restrictions hitherto slapped on outward remittances since April 2020, amid improvements seen in the country’s domestic foreign exchange market.
The government has reportedly taken over the handling of the diplomatic issue regarding the Yuan Wang 5 ship directly through the Chinese Embassy in Colombo instead of going through the Sri Lankan mission in Beijing, Daily Mirror learns.
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