CBSL will raise over US $ 3 Bn in foreign reserves before year-end; Cabraal

CBSL will raise over US $ 3 Bn in foreign reserves before year-end; Cabraal

CBSL will raise over US $ 3 Bn in foreign reserves before year-end; Cabraal

Written by Zulfick Farzan

20 Dec, 2021 | 11:51 am

COLOMBO (News 1st); Sri Lanka’s Finance Ministry said that necessary steps were taken to boost the country’s depleting foreign reserves.

Finance Secretary S. R. Attygalle told News 1st that the Governor of the Central Bank of Sri Lanka has also drafted the necessary plans.

Governor Cabraal speaking exclusively to News 1st said that the Central Bank will be able to amass over US $ 3 Billion in foreign reserves by the end of December 2021.

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