Strong foreign reserves vital amid global uncertainty - CBSL Governor
Sri Lanka, Sept. 14 -- Maintaining adequate foreign exchange reserves is essential for Sri Lanka to withstand future external shocks and growing geopolitical uncertainties, Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe said.Beaches & Islands
Addressing the Reserves Management Conference 2026 in Colombo, Dr. Weerasinghe stressed that foreign exchange reserves should not be accumulated only when a crisis is imminent, but must be built during periods of economic stability and prosperity.
"Foreign exchange reserves are not built in anticipation of a specific crisis; rather, they are accumulated because we cannot predict with certainty when the next crisis will strike," he said.
The Governor pointed out that the importa...
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