Sri Lanka foreign reserves stands at $5 billion

(FASTNEWS | COLOMBO) – Central Bank unveils “The Six month Road Map for Ensuring Macroeconomic and Financial System Stability”.

At the event, it was revealed that the Sri Lanka’s current foreign reserve stands at USD 5 billion.

CBSL Governor requested foreign remittances to use the official channels mainly banks in remitting.

He further stated that cash margins will be lifted from today for non-essential imports and request not to import in excess.

Immediately suspend parate execution and sieved repossession of leased assets up to 31st March 2022 for pandemic affected borrowers.