Gold reserves down by 54-pct in December; USD 3.1bn reserve includes Chinese swap: Central Bank

Gold reserves down by 54-pct in December; USD 3.1bn reserves include Chinese swap: CBSL

Sri Lanka’s official reserve assets were 3.1 billion US dollars (USD 3,137.6 mn) by the end of December, up from 1.6 billion US dollars in November, the latest Central Bank data showed. Accordingly, the official reserves include the swap facility signed with the People’s Bank of China (PBoC) of RMB 10 billion (equivalent to approximately […]