Sri Lanka’s official reserve assets increase by 9.5% in March
Posted by Editor on April 5, 2024 - 7:28 pm
(Photo by Vladimir Solomianyi on Unsplash)
The Central Bank of Sri Lanka (CBSL) has announced that Sri Lanka’s official reserve assets increased by 9.5% in March 2024.
Accordingly, the official reserve assets have reached USD 4.95 billion.
This figure includes proceeds from the People’s Bank of China (POBC) SWAP equivalent to USD 1.4 billion, subject to conditionalities on usability, according to the CBSL.
Latest Headlines in Sri Lanka
- Colombo Central Bus Stand set for major upgrade June 16, 2025
- Sri Lanka President, IMF discuss economic recovery amid global challenges June 16, 2025
- SJB suspends six Dambulla PS members for ignoring party orders June 16, 2025
- Vraie Cally Balthazaar elected new Mayor of Colombo June 16, 2025
- Sri Lanka freezes assets of 88 individuals linked to crime and financial fraud June 16, 2025
