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Sri Lanka forex reserves US$6,243mn in Sept 2025, stagnant for 11 months

ECONMYNEXT – Sri Lankas foreign reserves were 6,243 million US dollars in September 2025, up 77 million US dollars from a month earlier, but reserve have been stagnant for 11 months, official data show. Sri Lanka’s central bank has cut rates, amid warnings that flexible inflation targeting is a spurious statistical doctrine that rejects classical economics and a note-issue bank that has obligations to provide reserves cannot cut rates on a historical inflation statistic. Sri Lankas foreign reserves hit 6,472 million US dollars in October 2024, and has failed to grow since then. However net reserves have improved as monthly…

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