Sri Lanka’s gold reserves decline
Posted in Local News
Sri Lanka’s gold reserves have declined by USD 206.8 million in December, says the Central Bank of Sri Lanka.
By the end of November, the gold reserves stood at USD 382.2 million and it dropped to USD 175.4 million by the end of December.
Meanwhile, the total reserves have increased to USD 3.137 billion, up from USD 1.588 billion in November, the CBSL said further.
Where did the money from the sale of gold, go?
It went to buy luxury cars. palaces and to feed lazy idling Sri Lankens and thedo nothing politicians to go round the world.