At HBL Sri Lanka you can avail Repo deposit facility. A repurchase agreement or Repo is a money market investment instrument to invest short term and medium term funds. Attractive interest is payable at maturity. The Treasury Bills or Treasury Bonds are assigned to you as collateral for your investment. On maturity of the agreement, the Investor benefits by being entitled to the principal plus the interest for the period which could either be reinvested or recalled.
Forward contracts provide protection to HBL Sri Lanka customers particularly when there is fluctuation in the exchange rates
In order to cover the receivables and payables in foreign currency, spot rates are of most common use in foreign exchange transactions: