Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who ... Sri Lanka, Thursday, May 19, 2022. (AP Photo/Eranga ...

Sri Lanka should adopt a currency board, like the one it had from 1854 to 1950, before it changed its name in 1972 from Ceylon to Sri Lanka.

Sri Lanka owes about $960 million to India and has $400 million currency swap facility Also In This Package Photos: New products, services rolled out by Apple Photos: Dubai cruise industry ready ...

COLOMBO, Sri Lanka — Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months ...