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Nivard allays undue fears over forex reserves | Daily FT – ft.lk
The Central Bank of Sri Lanka (CBSL) yesterday allayed undue fears and misinterpretation of forex reserves situation in the country,…
- Says CBSL’s negative net forex position not a first but has happened 15 times in the past
- Insists it is not a finality and one transaction can reverse it to a positive situation
- Reveals gross foreign reserves amount to $ 4.1 b inclusive of $ 1.5 b swap facility…
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