Sri Lankas official reserve properties have significantly increased to USD 6.46 billion in October 2024, according to the Central Bank of Sri Lanka (CBSL).
This is an increase of 7.9% compared to the USD 5.99 billion tape-recorded in September 2024.
In the meantime, the main gold reserves have actually increased to USD 42 million in October from the USD 40 million in September 2024.
This is a boost of 5.8% compared to the month of September, according to the CBSL.Sri Lankas foreign reserves have also revealed a considerable boost to USD 6.38 billion.
This is an increase of 7.3% compared to USD 5.94 billion in September 2024.
This consists of earnings from the swap with the Peoples Bank of China (PBoC) equivalent to around USD 1.4 billion, which is subject to conditionalities on usability.