Official Reserves up end of month july 2012, Sri Lanka’s Gross Official Reserves have reached US$ 7.09 billion by the 31st of July, 2012, another words this adequate to fund 4.2 months of imports. By the end June 2012, the Gross official reserves of the country stood at US$ 6.04 billion.
Central Bank of Sri Lanka in a statement issued announced that the reserves were boosted by
Central Bank of Sri Lanka in a statement issued announced that the reserves were boosted by
- The final tranche of the IMF and
- The dollars raised via the country’s 5th international bond issue conducted recently.
- The reserves were boosted via worker remittances,
- Inflows to the government to finance various infrastructure projects,
- Foreign direct investments and portfolio investments.
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