Sri Lanka’s central bank said licenses for 15 money changers will not be renewed for 2023, due to “due to the non-compliance with a condition” in 2022.
Sri Lanka’s central bank triggered the worst currency crisis in its history after cutting rates with printed money from early 2020 and cancelled one license in 2022 for buying dollar notes at high rates from the public.
1 Aruna Forexc (Pvt) Ltd No. 22, New Bazaar Street, Nuwara Eliya
2 Brescia Grameen (Private) Limited No. 88/02, Chilaw Road, Kattuwa, Negombo
3 Jeya Forex Exchange (Pvt) Ltd No. 688, Galle Road, Colombo 03
4 Kamal Enterprises (Pvt) Ltd No. 57A, Bristol Paradise Building, York Street, Colombo 01
5 Kudamadu Money Exchange (Pvt) Ltd Main Road, Mahawewa
6 Midna Mini Market (Pvt) Ltd No. 12, Shopping Complex, Wennappuwa
7 New Lanka Gold House (Private) Limited No. 59, Rathnapura Road, Horana
8 Rafeek’s Gems (Pvt) Ltd No. 109, Chatham Street, Colombo 01
9 Rimha Jewellers (Pvt) Ltd No. 4/A, Masjidh Road, Puttalam
10 Salaka Trust Investments (Pvt) Ltd No. 466, Union Place, Colombo 02
11 Sharanga Money Exchange (Pvt) Ltd No. 157/1, Kasturiyar Road, Jaffna
12 Sornam Forex (Private) Limited No. 59, Batticaloa Road, Kalmunai
13 Thamasha Forex (Private) Limited No. 131, Bazzar Street, Chilaw
14 Universal Money Changers (Pvt) Ltd No. 143A, Galle Road, Colombo 06
15 Vasanthas International Money Exchange (Pvt) Ltd No. 56, D S Senanayake
Source: https://economynext.com/fifteen-sri-lanka-money-changes-lose-licenses-125626/
Sri Lanka’s central bank triggered the worst currency crisis in its history after cutting rates with printed money from early 2020 and cancelled one license in 2022 for buying dollar notes at high rates from the public.
1 Aruna Forexc (Pvt) Ltd No. 22, New Bazaar Street, Nuwara Eliya
2 Brescia Grameen (Private) Limited No. 88/02, Chilaw Road, Kattuwa, Negombo
3 Jeya Forex Exchange (Pvt) Ltd No. 688, Galle Road, Colombo 03
4 Kamal Enterprises (Pvt) Ltd No. 57A, Bristol Paradise Building, York Street, Colombo 01
5 Kudamadu Money Exchange (Pvt) Ltd Main Road, Mahawewa
6 Midna Mini Market (Pvt) Ltd No. 12, Shopping Complex, Wennappuwa
7 New Lanka Gold House (Private) Limited No. 59, Rathnapura Road, Horana
8 Rafeek’s Gems (Pvt) Ltd No. 109, Chatham Street, Colombo 01
9 Rimha Jewellers (Pvt) Ltd No. 4/A, Masjidh Road, Puttalam
10 Salaka Trust Investments (Pvt) Ltd No. 466, Union Place, Colombo 02
11 Sharanga Money Exchange (Pvt) Ltd No. 157/1, Kasturiyar Road, Jaffna
12 Sornam Forex (Private) Limited No. 59, Batticaloa Road, Kalmunai
13 Thamasha Forex (Private) Limited No. 131, Bazzar Street, Chilaw
14 Universal Money Changers (Pvt) Ltd No. 143A, Galle Road, Colombo 06
15 Vasanthas International Money Exchange (Pvt) Ltd No. 56, D S Senanayake
Source: https://economynext.com/fifteen-sri-lanka-money-changes-lose-licenses-125626/