INSUBCONTINENT EXCLUSIVE:
Sri Lankas official reserve properties have significantly increased to USD 6.46 billion in October 2024, according to the Central Bank of
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.
