📈 SL Official Reserves Hit 5-Year High, Surpassing US$ 7 Bn
Sri Lanka’s official reserve assets have reached their highest level since August 2020, signaling a significant milestone in national liquidity and economic recovery. • Overall Reserves: Total assets reached US$ 7.28 Bn at end-February 2026, marking a 6.6% MoM increase from US$ 6.83 Bn in January. • Foreign Currency: The largest component rose to US$ 7.06 Bn, up from US$ 6.69 Bn the previous month. • Gold Reserves: Recorded a sharp 83.4% surge, rising from US$ 109 Mn to US$ 200 Mn within February. • Contextual Note: Figures include proceeds from the swap arrangement with the People’s Bank of China, according to the Central Bank of Sri Lanka (CBSL). This buildup in reserves is critical for maintaining currency stability and meeting external debt obligations, providing a stronger buffer for the finance and banking sector. _Source: CBSL Provisional Data (March 2026)_ ---