The Central Bank of Sri Lanka (CBSL) is confident of receiving some significant inflows to boost the country’s foreign reserves this week, according to CBSL Governor Ajith Nivard Cabraal, The Sunday Morning Newspaper reported.
“We are expecting some significant inflows early next week,” he told The Sunday Morning, but refrained from revealing the source of the inflows.
“When the inflows are received, we will announce. Until then, I’m afraid we are bound by ‘radio silence’,” Cabraal observed.
The CBSL Governor was confident that the fast-depleting foreign reserves will receive a boost before the end of this year. “We will keep to the target of achieving over $ 3 billion in reserves by the end of the year,” Cabraal told the Sunday Morning.