Sri Lanka’s official reserve assets increase in April 2023

Sri Lanka’s official reserve assets in April 2023 stood at USD 2,755 million, the Central Bank of Sri Lanka (CBSL) says.

Sri Lanka’s official reserve assets in April 2023 stood at USD 2,755 million, the Central Bank of Sri Lanka (CBSL) says.

This indicates an increase of 2.2% from the official reserve asset figure of USD 2,694 million in March 2023.

However, the current official reserve assets include a swap facility from People’s Bank of China, USD 1.4 billion, which is subject to conditionalities on usability, according to the CBSL.