Foreign reserves rise to 3.1 billion – Cabraal announces in a Tweet

Date:

At present Sri Lanka’s official foreign exchange reserves have increased to US $ 3.1 billion. The Governor of the Central Bank Ajith Nivard Cabraal has stated this in a Tweet.

In recent days, foreign reserves have plummeted to close to $ 1 billion, and even the importation of essential goods has been blocked.

However, the Governor of the Central Bank stated that the foreign exchange reserves will exceed 03 billion by the end of the year. Confirming that statement, two days before the end of the year, foreign reserves rose to 3.1 billion.

Share post:

spot_imgspot_img

Popular

More like this
Related

BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

Sri Lanka’s palm oil based industry, once a promising...

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

The United Nations Committee on Enforced Disappearances (CED) has...

Sri Lanka Tourism Surges: October Arrivals Break New Records

Sri Lanka’s tourism industry has entered October on a...

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Sri Lanka’s banking sector displayed renewed resilience in the...