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Sri Lanka Foreign Reserves Fall to $6.4bn Amid Higher Imports, CB Expects Recovery

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka’s foreign exchange reserves has come under scrutiny following a recent drop in official figures, with opposition politicians alleging dollar sales by the central bank to defend the local currency, while monetary authorities attributed the decline to elevated import demand. Opposition Member of Parliament Ravi Karunanayake noted that gross official reserves dropped from 6.8 billion dollars to 6.4 billion dollars, moving aw…

6 Articles

Ravi Karunanayake alleges secret dollar sales behind official reserves drop to $6.4 billion

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srilankachronicle.com broke the news on Wednesday, July 22, 2026.
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