Sri Lanka’s foreign reserves lowest in three years, gold reserves too fall
Posted on April 4th, 2015

Courtesy adaderana

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).

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