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Sri Lanka year-end FX reserves to be highest since crisis: CB Governor
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Sri Lanka year-end FX reserves to be highest since crisis: CB Governor
ECONOMYNEXT – Sri Lanka’s forex reserves will hit a post-crisis high by the end of the year with strong flows from multilateral agencies in December, Central Bank Governor Nandalal Weerasinghe said. Sri Lanka is expecting 370 million dollars from budget support loans given by the Asian Development Bank and more than 340 million dollars from the International Monetary Fund. “Those will come in December,” Governor Weerasinghe told reporters Wednes…
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