Posted by Editor on March 25, 2026 – 1:48 pm
(Picture by Christoph Theisinger on Unsplash)
Sri Lanka’s gross official reserves rose to USD 7.3 billion by the tip of February 2026, exhibiting a gradual strengthening of the nation’s exterior place.
Based on the Central Financial institution of Sri Lanka’s newest Financial Coverage Assessment, the rise displays continued enchancment within the nation’s international alternate reserves after a number of tough years.
The reserve build-up exhibits a transparent restoration development over time. Reserves have been at USD 5.7 billion in 2020 however dropped sharply to USD 3.1 billion in 2021 and additional to USD 1.9 billion in 2022 throughout the peak of the financial disaster and stability of funds pressures.
Since then, reserves have regularly improved. They elevated to USD 4.4 billion in 2023, rose additional to USD 6.1 billion in 2024, and reached USD 6.8 billion in 2025. This upward development continued into 2026, with reserves reaching USD 7.3 billion by the tip of February.
The expansion in reserves has been supported by sustained international alternate purchases by the Central Financial institution. In 2020, there was a small internet influx of USD 0.3 billion. Nevertheless, throughout the disaster years, the Central Financial institution recorded internet gross sales of USD 0.8 billion in 2021 and USD 0.6 billion in 2022.
This development modified in 2023, when the Central Financial institution made internet international alternate purchases of USD 1.7 billion. The quantity elevated to USD 2.8 billion in 2024, adopted by USD 2.0 billion in 2025. In simply the primary two months of 2026, internet purchases already reached USD 0.7 billion.
The regular enhance in reserves displays improved international alternate inflows and continued market-based operations by the Central Financial institution.
It additionally helps strengthen confidence in Sri Lanka’s exterior monetary place.
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