Sri Lanka issues rules on dollarized payments to tourist hotels
Published on: Monday 24 January 2022
Sri Lanka's central bank has issued rules requiring hotels to only accept payments in foreign currency, as a peg with the US dollar is under pressure due to low fixed overnight rates enforced with printed money.
News source: https://economynext.com/sri-lanka-issues-rules-on-dollarized-payments-to-tourist-hotels-89877/
