Foreign exchange reserves excluding gold reached 7.03 USD bil in 2017 in Sri Lanka, according to the National Statistical Office. This is 35.5 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Sri Lanka reached an all time high of 7.32 USD bil in 2014 and an all time low of 0.040 USD bil in 1969. When compared to Sri Lanka's main peers, foreign exchange reserves excluding gold in India amounted to 389 USD bil, 101 USD bil in Malaysia, 0.597 USD bil in Maldives and 4.91 USD bil in Myanmar in 2017.
Sri Lanka has been ranked 74th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 12 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.