Srilanka, Sept. 6 -- The Central Bank of Sri Lanka (CBSL) absorbed US$579 million from the domestic foreign exchange market in August 2026, based on value-date transactions, as the country continued to strengthen its foreign exchange position.



The net absorption reflects the Central Bank's purchases of foreign currency from the domestic market and comes against a backdrop of improving official reserve levels. Meanwhile, gross official reserves were provisionally estimated at US$6.6 billion at end-July 2026, including proceeds from the People's Bank of China (PBOC) swap arrangement, according to the weekly economic indicators of the Central Bank.



Meanwhile, outstanding central government debt stood at Rs.30.53 trillion at end-Apri...