Sri Lanka’s Reserves: Build Them Wisely, Not at Any Cost

“The whole is greater than the sum of its parts.” — Aristotle By Prof. Asoka.S.Seneviratne Summary The Governor of the Central Bank of Sri Lanka, Dr Nandalal Weerasinghe, deserves credit for placing the question of foreign-reserve accumulation within its proper broader context: reserves cannot be built sustainably at any cost. At the Reserve Management Conference […]