Sep 26, 2019 (LBO) – Sri Lanka’s gross official reserves stood at US 8.3 billion dollars by end July 2019, equivalent to 4.9 months of imports, the Central Bank said.
Total foreign assets, which consist of gross official reserves and foreign assets of the banking sector amounted to US 11.0 billion dollars as at end July 2019, which was equivalent to 6.5 months of imports, the new report shows.
Foreign investments in government securities recorded a net outflow of US dollars 33 million in July 2019.
On a cumulative basis, net outflows from the government securities market amounted to US dollars 129 million during the first seven months of the year.
Foreign investments in the CSE, including primary and secondary market transactions, recorded a net inflow of US dollars 44 million during the month of July 2019.
Accordingly, financial flows to the CSE recorded a net inflow of US dollars 34 million during the first seven months of 2019.
Further, long term loans to the government recorded a net outflow of US dollars 86 million during July 2019. International Reserves.