Colombo (LNW): Sri Lanka’s official reserves have dropped to US $3,598 million in August, 2023, a decline of 4.4 per cent compared to the month before, revealed the the Central Bank of Sri Lanka (CBSL).
In July, the official assets remained at US $3,765 million, and in the following month, the assets have dropped to US $3,598 million, indicating a drop of 4.4 per cent.
The official reserves include the US $ 1.4 billion swap facility from China, the CBSL noted, adding that the amount is subject to conditionalities on usability.
