Gross official reserves reach $ 6 b

The Central Bank of Sri Lanka (CBSL) has increased the country’s gross official reserves to $ 6 billion ($ 5,954 million) by the end of August, driven by higher inflows from worker remittances and tourism. 

Of the figure, foreign currency reserves amounted to $ 5.912 billion. 

This improvement has enabled Sri Lanka to meet the IMF’s target for reserves, reflecting progress in the country’s economic recovery, according to charts.lk.