CBSL prints billions in June ; reserves decrease

CBSL prints billions in June ; reserves decrease

CBSL prints billions in June ; reserves decrease

Written by Staff Writer

14 Jun, 2020 | 1:43 pm

COLOMBO (News1st) : The central bank has printed 1 billion rupees worth money during the week ending on 12 June 2020. It has printed 242.57 billion rupees so far.

The overnight liquidity in the banking sector has reduced by 21.42 billion rupees to 88.19 billion rupees.

Meanwhile, the reserve money decreased compared to the previous week mainly due to the decrease in currency in circulation and deposits held by the commercial banks with the Central Bank.

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