Sri Lanka’s gross official reserves estimated at USD 4.5bn at end April 2021

Sri Lanka’s official reserves were 4.5 billion US dollars (USD 4,476.5mn) by the end of April, up from 4.1 billion US dollars in March, the latest Central Bank data showed.

By the end of April, the foreign currency reserves were 4,022.9 million dollars while the reserve position in the IMF was 68.7 million dollars.

Special Drawing Rights were 2.8 million, reserves in Gold were 381.1 million and other reserve assets were 1.1 million US dollars.

The outstanding stock of T-bills and T-bonds held by foreigners has decreased by 11.78 percent in rupee terms during the week compared to the previous week.

As of 07 May 2021, the Central Bank Treasury bill holdings at the face value was 870,371.65 million rupees.

During the year up to 07 May 2021, the Sri Lankan rupee has depreciated against the US dollar by 6.6 percent.