SL Foreign Reserves Dip Below US$ 7 Bn in April 📈

Sri Lanka’s official reserve assets saw a second consecutive monthly decline in April 2026, falling back below the US$ 7 billion threshold. • Overall Reserves: Total assets decreased to US$ 6.76 Bn by the end of April, marking a 3.8% decline from the US$ 7.03 Bn recorded in March. • Foreign Currency Assets: The largest component dropped by 4.3%, moving from US$ 6.80 Bn to US$ 6.51 Bn within the month. • Gold Reserves: Values saw a slight contraction of 1.2%, falling from US$ 222 million to US$ 219 million. Economic Context: After successfully breaching the US$ 7 billion mark in February 2026—a milestone not seen in over five years—reserves have now entered a downward trend. The 3.8% dip in April follows a 3.5% decrease in March, indicating a total decline of approximately US$ 525 million since the February peak. This movement reflects shifts in the banking & finance sector’s liquidity management as the Central Bank navigates post-recovery stabilization.