International Reserves tops US $ 9.3 Bn in June 2018

August, 28, 2018

Latest Central Bank External Sector Performance highlights that with the receipt of the fifth tranche under the IMF-EFF of US $ 252 million and proceeds of the third tranche from the divestiture of Hambantota Port amounting to US $ 585 million, the level of gross official reserves of the country increased to US $ 9.3 billion at end June 2018 from US $ 8.8 billion recorded at end May 2018.

This level of reserves was equivalent to 5.0 months of imports. Total foreign assets, which consist of gross official reserves and foreign assets of the banking sector, were estimated at US $ 11.3 billion as at end June 2018 which was equivalent to 6.1 months of imports.

 

Video Story

Stock Market

Exchange Rates

-->