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People’s Bank reports Rs. 656 million loss due to exchange rate error

Source: Sri Lanka Mirror
Category: Technology
Region: General
Published: May 17, 2026 at 15:46

πŸ“ Summary

People’s Bank says it has identified and rectified an error relating to the application of an exchange rate within a specific remittance system, which resulted in certain customers receiving excess amounts between May 2023 and March 2026. Issuing a media release, the Bank stated that a detailed internal review was initiated immediately after the issue […]

πŸ”— Read Full Article at Sri Lanka Mirror ✨ Extract Article
🏷️ Keywords:
bank people exchange rate error reports million loss says identified

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