Sri Lankan foreign remittances surge 32% in May
Sri Lanka, June 8 -- Official remittances to Sri Lanka climbed 32% to 847 million US dollars in May 2026, extending an upward trajectory observed since 2024. Central Bank data reveal that these foreign worker inflows arrived despite escalating Middle East tensions and a decline in the domestic rupee to a near 4-year low. Total inflows for the initial five months of the year reached 3,909.7 million dollars, marking a twenty-six per cent expansion over the corresponding period last year.
The recent momentum builds on a historic annual high of 8,076.2 million dollars recorded in 2025, which included a record single-month peak of 879.1 million dollars last December. Increased migration drove these figures as a larger portion of the local wor...
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