Sri Lanka’s vehicle import LC on the decline: CB chief

ECONOMYNEXT – Sri Lanka’s letter of credit for vehicle imports have fallen in November compared to July and the imports prices are also falling, Central Bank Governor Nandalal Weerasinghe said. “Gradually it is reaching equilibrium level,” he told the post-monetary policy media briefing. “In July, August, September we saw large number of imports. Now the pent up demand is over and the demand has come down in November.” (Colombo/November 26/2025)

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