Finance · Sri Lanka
Sri Lanka Reports First Foreign Exchange Surplus in August 2026
Owlester AI · from 1 source ·
Sri Lanka reported its first foreign exchange surplus in August 2026, with a surplus of USD 133 million, according to the Central Bank. This marks a significant shift from the previous months, where the country had been experiencing a deficit. The surplus is attributed to a decrease in import costs and a reduction in the trade deficit. However, the overall foreign exchange position remains negative for the year, with a cumulative deficit of USD 291 million from January to August.