Sri Lanka official reserves increase to US $ 8.5 bn  in August 2019

September, 9, 2019

Sri Lanka’s gross official reserves grew by US $185.54 million by the end of August 2019 up to US $ 8,532.6 million, latest Central Bank data showed.

In July 2019, the gross official reserve were estimated at US $8,347.06.

Meanwhile, by the end of August, foreign currency reserves were 7,494.7 million dollars while the reserve position in the IMF was 65.5 million dollars.

Special Drawing Rights were 14.5 million, reserves in Gold were 956.8 million and other reserve assets were 1.1 million US dollars.

Moreover, during the year up to 6th September 2019, the Sri Lanka rupee has appreciated against the US dollar by 1.2%