From January to March 2023 complete earnings from tourism receipts had been USD 503 million. In the meantime, Staff’ Remittances additionally confirmed a pointy upward pattern with the nation recording USD 1.536 billion in income. Throughout the yr as much as April 5, 2024, the Sri Lanka rupee appreciated towards the USD by 8%. Given the cross-currency alternate charge actions, the Sri Lanka rupee appreciated towards the Japanese yen by 15.5%, the pound sterling by 9.%, the Euro by 10.5% and the Indian rupee by 8.5% throughout this era.
The gross official reserves had been provisionally estimated at US {dollars} 4,951 mn as of the tip of March 2024. This contains proceeds from the PBOC swap association, which is topic to conditionalities on usability. (SS)
