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Home Around South Asia

Banks not ordered to forcibly convert forex balances in accounts – Central Bank governor

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January 5, 2022
in Around South Asia, Sri Lanka
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The Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal

The Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal

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Colombo, Jan 5 (AdaDerana) – The Central Bank of Sri Lanka (CBSL) has not ordered banks to forcibly convert the balances in their customers’ forex accounts, its Governor said today.

Taking to his official Twitter account, Ajith Nivard Cabraal refuted the rumours spread by “some mischievous elements” claiming that banks have been given directives to do so.

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Rumors spread by some mischievous elements that Sri Lankan #banks have been ordered by @CBSL to forcibly convert balances in their customers' #Forex accounts are totally false. #SriLanka #Fakenews

— Ajith Nivard Cabraal (@an_cabraal) January 5, 2022

READ: Sri Lanka announces Rs. 229 billion economic relief package

I was just informed by @HSBC that all my USD will be converted to LKR as per a Govt gazette.

They asked me to sign a form of consent, to which I refused.

They also mentioned that many local banks have already begun converting WITHOUT consent.

Interesting times…. #lka

— Dasuni Athauda (@AthaudaDasuni) January 4, 2022

For similar articles, join our Telegram channel for the latest updates. – click here

Tags: Ajith Nivard CabraalCentral Bank of Sri LankaSri Lanka

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