THE VALUE OF SRI LANKA’S OFFICIAL RESERVE ASSETS IS UP

At the end of January 2023, Sri Lanka’s reserve assets were 2,121 million dollars and in February it was 2,217 million dollars and it is reported that the Central Bank of Sri Lanka has announced that there has been a 4.5% growth in this size comparison.

Meanwhile, foreign exchange, which is the main component of official reserve assets, has increased by 5.7% from $2,065 million to $2,183 million in February, and the gold reserve of the Central Bank has increased from $29 million to $28 million in February by 5.3%. It is reported to have decreased by %

It is reported that the Central Bank of Sri Lanka has further emphasized that although there are facilities to exchange foreign exchange equivalent to 1.4 billion dollars received from the People’s Bank of China in the Foreign Exchange Corporation, it should be implemented subject to certain conditions.

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