---
title: "Sri Lanka’s official reserve assets drop by 4.4% in Aug. 2023"
url: https://www.lankaxpress.com/sri-lankas-official-reserve-assets-drop-by-4-4-in-aug-2023/
type: post
date: 2023-09-08
modified: 2023-09-08
markdown_url: https://www.lankaxpress.com/sri-lankas-official-reserve-assets-drop-by-4-4-in-aug-2023.md
author: "LankaXpress Reporter"
---

# Sri Lanka’s official reserve assets drop by 4.4% in Aug. 2023

Sri Lanka’s official reserve assets stood at USD 3,598 million in August 2023, the Central Bank of Sri Lanka (CBSL) says.

This is a marginal drop of 4.4% compared to USD 3,765 million recorded in July 2023.
 
However, the current official reserve assets include a swap facility from the People’s Bank of China to the tune of USD 1.4 billion, which is subject to conditionalities on usability, the CBSL said further.