Sri Lanka Central Bank’s Foreign Reserves Remain Negative at US$728 Million (July 2024)
As of July 2024, Sri Lanka’s central bank continues to face a challenging financial situation, with net foreign reserves remaining in the negative.
As of July 2024, Sri Lanka’s central bank continues to face a challenging financial situation, with net foreign reserves remaining in the negative.
Sri Lanka’s foreign exchange earnings from workers’ remittances and tourism have exceeded USD 4.5 billion by mid-2024. Workers’ remittances reached USD 2,822.6 million.