Sri Lanka’s official reserves up to USD 5.43 bn in April

Sri Lanka’s official reserve assets increased by 9.6% to USD 5.43 billion in April 2024, compared to USD 4.96 billion in March 2024, according to the Central Bank of Sri Lanka (CBSL). 

However, this includes proceeds from the swap with People’s Bank of China (PBoC) equivalent to around USD 1.4 billion, which is subject to conditionalities on usability.