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A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
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Monday, April 6, 2015
Sri Lanka’s foreign reserves lowest in three years, gold reserves too fall
April 4th, 2015
It has been revealed that since February 2012 Sri Lanka’s foreign reserves have recorded its lowest during last March.
According to latest data from the Central Bank of Sri Lanka (CBSL) Sri
Lanka’s foreign reserve has fallen to USD 6.8 billion in March 2015
while it was USD 7.4 billion in February.
The last time it had been the lowest was in February 2012 when it had been USD 6.7 billion.
Meanwhile, it has also been revealed that the gold reserve with the CBSL
too has fallen to USD 848.8 million last March while it had been USD
866 million in February 2015.
Sri Lanka’s foreign reserves have been under pressure due to the payments to the International Monetary Fund (IMF).
