The country’s official foreign reserves recorded a 0.9% decline in January 2025, according to the latest statistics from the Central Bank.
At the end of December 2024, Sri Lanka’s official reserve assets stood at $6.12 billion, but by January 2025, this figure had dropped to $6.06 billion. The decline raises concerns about the country’s foreign exchange stability, particularly in light of ongoing economic challenges and external debt obligations.
Economists suggest that factors such as debt repayments, import costs, and fluctuations in foreign inflows could have contributed to the decline. The government and financial authorities are expected to monitor the situation closely and implement strategies to stabilize reserves in the coming months.
