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…
Sri Lanka forex reserves US$6,243mn in Sept 2025, stagnant for 11 months
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth
