Sri Lanka foreign reserves at USD7.3 bln end Dec

Jan 11, 2016 (LBO) - Sri Lanka’s official foreign reserves was slightly higher at 7.
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29 billion dollars at the end of December, up from 7.
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28 billion dollars at the end of November, figures released by the Central Bank shows. This figure is down from 8.21 billion dollars in foreign reserves at the end of 2014.
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The Dec 2015 reserves included 6,455 million dollars in foreign reserves and 760 million dollars in gold. Foreign reserves improved after Sri Lanka raised 1.
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5 billion dollars in a 10-year sovereign bond issue in late October. Sri Lanka may go to international markets to raise up to 1.
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5 billion dollars this year.
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