#SriLanka's monthly foreign remittances fall to multi-year low of $271.4 mln in Nov, plummet 55.6% from a year ago as more migrant workers switch to hawala/undiyal system, despite @CBSL chief @an_cabraal warns against illegal hawala brokers and those who receive money via hawala
This is how @an_cabraal responded to questions on incentive for worker remittances and grey market dollar rate of 240 rupees.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Shihar Aneez

Shihar Aneez Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @shiharaneez

21 Dec
#BREAKING - #Iran, #SriLanka sign tea for oil payment deal. Sri Lanka owes $251 million for National Iranian Oil Company for crude import before US #Sanctions. Now both countries sign MOU to settle it by means of utilizing $251 mln to facilitate the export of Ceylon Tea
Facing both economic crisis and dollar shortage, Sri Lanka's deal with Iran is expected to help ease its pressure on the looming balance-of-payment crisis.
#SriLanka says: "This scheme will not violate any UN or US sanctions since tea has been categorized as a food item under humanitarian grounds while none of the black listed Iranian Banks will be involved in the equation."
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(