Economic NewsEconomy-wide / Cross-sector
Central Bank Net Buys US$ 64.2 Mn in Sept Amid Rupee Pressure š
⢠Foreign Exchange Operations: Central Bank net bought US$ 64.2 Mn in September 2026 (purchased US$ 85 Mn, sold US$ 20.8 Mn). Year-to-date net purchases reached US$ 1,548.8 Mn (compared to US$ 2 Bn in 2024). ⢠Currency Movement: The Sri Lankan rupee depreciated by 0.9% in September, following downward pressure in May driven by higher fuel import bills and vehicle demand. ⢠Strategic Reserves: Dollar purchases aim to boost reserves for IMF EFF targets, loan repayments, and sovereign bond obligations due in April 2028.
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