In February 2026, the Central Bank of Sri Lanka (CBSL) acquired USD 461 million from the domestic foreign exchange market, according to recent data released by the central bank. The report highlighted that no US dollars were sold by the central bank during this period, underscoring ongoing efforts to bolster foreign reserves.

In the preceding month, January 2026, the CBSL purchased USD 209.8 million from the domestic forex market while selling USD 9.5 million, culminating in a net purchase of USD 200.3 million for that month. Consequently, over the first two months of 2026, the central bank has achieved a net purchase of USD 661.3 million from the domestic foreign exchange market.

These strategic acquisitions have elevated Sri Lanka’s official reserve assets to USD 7.28 billion by the end of February 2026. Notably, this is the first instance since August 2020 that the country’s official reserves have surpassed the USD 7 billion threshold.