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

Regulatory Uncertainty Threatens Foreign Investments amid Economic Fragility

Sri Lanka’s fragile investment recovery faces renewed pressure as...

Cyclone Shock Exposes Power Sector Fault Lines, CBSL Warns

The aftermath of Cyclone Ditwah did more than replenish...

Cyclone Ditwah Exposes Economic Fragility amid Policy Paralysis

Sri Lanka’s post-crisis economic recovery suffered a severe reversal...

China Pumps Millions into Colombo Port City as Policy Chaos Looms

China Harbour Engineering Company (CHEC) has doubled down on...