INSUBCONTINENT EXCLUSIVE:
Official reserve assets of Sri Lanka at the end of October 2022 were at USD 1,704, the Central Bank of Sri Lanka (CBSL) says.This is a
continued to supply forex liquidity to finance essential imports by utilising inflows to gross official reserves.According to the Central
Bank, the level of liquid reserves continues to remain at a significantly low level by the end of September 2022.Total foreign assets, which
consist of gross official reserves and gross foreign assets of the banking sector, amounted to USD 6 billion at the end of September 2022,
the Central Bank said further.
This article first appeared/also appeared in https://adaderana.lk
