Sri Lanka to allow Indian tourists to pay in Indian Rupees

COLOMBO (News 1st); Sri Lanka has decided to allow Indian tourists visiting Sri Lanka to make payments in Indian Rupees.

Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe reiterated that making the Indian Rupee a designated currency by the Central Bank of Sri Lanka enables not only trade settlement between the two countries in INR but also Indian tourists coming to Sri Lanka can use INR for transactions. 

He was speaking during a webinar on ‘Economic Scenario of Sri Lanka: Current Status and Way Ahead’, organized by Federation of Indian Chambers of Commerce and Industry (FICCI).

He also expressed support for the linking digital payment interfaces between the two countries. 

Remarks by the Governor of Sri Lanka’s central Bank come a day after the Prime Minister of Sri Lanka Dinesh Gunawardena launched a Special Cover commemorating Sita Temple (Seetha Eliya) in Central Sri Lanka. 

The High Commissioner of India highlighted the areas of prospective economic cooperation between India and Sri Lanka. He particularly focused on connectivity, IT, renewable energy and tourism.