Tag: CBSL to resume FX purchases to rebuild net intl reserves to USD6.9bn by end Dec

currency_dollers

CBSL to resume FX purchases to rebuild net intl reserves to USD6.9bn by end Dec

May 17, 2019 (LBO) – Sri Lanka’s Central Bank said it is committed to rebuild reserves and allow the exchange rate to function as the first line of defense to external shocks. As per the memorandum of economic and financial policies contained in the Letter of Intent to the IMF, the Central Bank has recognized […]