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Sri Lanka vehicle import LCs are US$350mn so far: President

Summary by EconomyNext
ECONOMYNEXT – Importers of vehicles into Sri Lanka had opened 350 million US dollars of letters of credit up to now, but the exchange rate is stable, President Anura Kumara Dissanayake said. “Even though vehicle imports were opened, the US dollar is still stable at 300 rupees,” President Dissanayake said at an election rally in Ratnapura, Wednesday. “That is because we have maintained economic stability.” Sri Lanka’s central bank has maintained …
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EconomyNext broke the news in on Thursday, April 24, 2025.
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