South East Asian Headlines & Breaking News

Sri Lanka’s official reserve assets up by 0.6% in Oct. 2023

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The Central Bank of Sri Lanka (CBSL) has reported an increase of 0.6% in Sri Lanka’s official reserve assets from September 2023 to October 2023.

Accordingly, Sri Lanka’s official reserve assets increased by 0.6% to USD 3,562 million in October 2023 from USD 3,540 million in September 2023.

“This includes a swap facility from People’s Bank of China, equivalent to around USD 1.3 billion, which is subject to conditionalities on usability”, CBSL reported.

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