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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2018/12/10

Sri Lanka forex reserves down $880mn in November

Sri Lanka's forex reserves dropped by 884.9 million US dollars in November 2018, to 7,018.38 million dollars in November amid a statutory reserve cut and more liquidity injections, official data show. In November the central bank cut the statutory reserve ratio and injected what an official said was an estimated 90 billion rupees of cash at zero interest rate in to the banking system to permanently sterilize at zero interest liquidity shortages generated by earlier interventions. – Economynext



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