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Sri Lanka’s official reserve assets drop by 4.4% in Aug. 2023

Sri Lanka’s official reserve assets stood at USD 3,598 million in August 2023, the Central Bank of Sri Lanka (CBSL) says.

This is a marginal drop of 4.4% compared to USD 3,765 million recorded in July 2023.
 
However, the current official reserve assets include a swap facility from the People’s Bank of China to the tune of USD 1.4 billion, which is subject to conditionalities on usability, the CBSL said further.

Sri Lanka’s official reserve assets increase in Nov 2022