Sri Lanka’s official reserve assets have surpassed the USD 7 billion mark for the first time since August 2020, according to the latest data from the Central Bank.

At the end of February 2026, reserves stood at USD 7,284 million, reflecting a 6.6% increase compared to USD 6,832 million in January. 

The bulk of the reserves came from foreign exchange holdings, which rose from USD 6,687 million to USD 7,057 million during the month.

The Central Bank’s gold reserves also recorded a sharp rise, climbing 83.4% from USD 109 million in January to USD 200 million in February. (Newswire)

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Sri Lanka’s Gross official reserves increased notably to US dollars 5.5 billion by the end of April 2024, according to the Central Bank of Sri Lanka (CBSL).

The figures recorded at the end of April were an increase from the US$ 5 billion recorded by the end of March 2024.

The CBSL states the increase in April was supported by considerable net purchases by the Central Bank from the domestic foreign exchange market amidst increased foreign currency inflows. 

Sri Lanka’s Gross official reserves included the swap facility from the People’s Bank of China equivalent to around US$ 1.5 billion, which is subject to conditionalities on usability.

Meanwhile, the Sri Lanka rupee recorded an overall appreciation of around 8.0 per cent against the US dollar thus far in 2024. 

As domestic economic activity gathered momentum in recent months, the cumulative merchandise trade deficit is expected to have widened during the four months ending April 2024 compared to the same period in 2023. 

Buttressed by tourism-related inflows, the services sector also recorded a notable net inflow in recent months, while workers’ remittances remained elevated. (Newswire) 

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Sri Lanka’s Official Reserve Assets increased by 9.5% to USD 4.95 billion in March 2024.

According to the Central Bank of Sri Lanka (CBSL), this was an increase from the USD 4.52 billion recorded in February 2024.

The Official Reserve Assets reported in March includes proceeds from the People’s Bank of China SWAP equivalent to USD 1.4 billion, which is subject to conditionalities and is subject to usability. (Newswire)

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Sri Lanka’s Gross official reserves (GOR) have continued to improve to US$ 4.5 billion by the end of January 2024, according to the Central Bank of Sri Lanka.

The GOR included the swap facility from the People’s Bank of China (PBOC), equivalent to around US$ 1.4 billion, which is subject to conditionalities on usability. 

The increase in the GOR was mainly due to the substantial net purchases of foreign exchange from the domestic market by the Central Bank. 

Overall, the Central Bank has purchased US$ 245 million, on a net basis, during the month of January 2024. (NewsWire)

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Sri Lanka’s Official Reserve Assets have increased by 2.3% to USD 4,491 million in January 2024, the Central Bank of Sri Lanka (CBSL) reported today.

According to the Central Bank, it is an increase from the USD 4,392 million recorded in December 2023.

This includes a swap facility from the People’s Bank of China, equivalent to around USD 1.4 billion, which is subject to conditionalities on usability, it added. (NewsWire)

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Sri Lanka’s Official Reserve Assets decreased to USD 3,598 million in August 2023, the Central Bank of Sri Lanka (CBSL) reported. 

According to the CBSL, this was a decrease of 4.4% from the USD 3,765 million reported in July 2023. 

The CBSL added that this includes the USD 1.4 billion swap facility from China which is subject to conditionalities on usability. (NewsWire)

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