Sri Lanka central bank buys US$177mn in September amid current account deficit
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3 Articles
Sri Lanka Records First Monthly Current Account Deficit of 2025 as Imports Surge - LNW Lanka News Web
November 03, Colombo (LNW): Sri Lanka’s external sector experienced a slowdown in September 2025, marking the first monthly current account deficit of the year after eight consecutive months of surpluses, according to the Central Bank of Sri Lanka (CBSL).Despite the September dip, the overall current account for the first nine months remained in surplus, amounting to approximately US$ 1.9 billion.The setback was largely attributed to a widening …
Sri Lanka central bank buys US$177mn in September amid current account deficit
ECONOMYNEXT – Sri Lanka’s central bank has bought 177.3 million dollars from people in September 2025, a month in which an external ‘current account’ deficit was recorded for the first time in the year, official data shows. Post World War II central banks which print money to cut rates, rejecting classical economics, usually blame ‘current account deficits’ for forex shortages and depreciation, reverting to beliefs held by classical Mercantilist…
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