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Sri Lanka approves regulations to diversify foreign currency funds

Sri Lanka approves regulations to diversify foreign currency funds

24 Feb 2026 | BY Staff Writer

The Cabinet approved on 13 October, 2025, the issuance of domestic foreign currency-denominated debt instruments, initially limited to listed commercial banks. 


To boost demand and diversify government foreign currency funds into local dollar bonds, amendments to export earnings repatriation rules under the Sri Lanka Central Bank Act were finalized on 30 January, 2026. 


The proposal for parliamentary approval was submitted by the President, who is also the Minister of Finance.


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