Sri Lanka’s gross official reserves grew by US$435.27 million to US$ 7,948 million in February 2020 from US$ 7,512.73 in January 2020, latest Central Bank data showed.

As at 28 February 2020, foreign currency reserves were $7,532.4 million while the reserve position in the IMF was $65.7 million.

Special Drawing Rights were 7.3 million, reserves in Gold were 341.5 million and other reserve assets were $ 1 million.

Meanwhile, during the year up to 06 March 2020, the Sri Lanka rupee depreciated against the US dollar by 0.2%.