Seychelles Liberalise Foreign Currency Dealings
The Seychelles government has decided to remove all restrictions on foreign exchange dealings and has set up new regulations to allow the national currency (Rupee) to float, APA learns on Wednesday in the Seychellois capital Victoria.
According to a communiqué issued by the Finance Minister Danny Faure, the decision has been taken following the approval of the Foreign Earnings Regulations Repeal Bill and the Central Bank of Seychelles Amendment Bill by the National Assembly last week.
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