Challenges in building foreign reserves amidst geopolitical uncertainties
Speech by Dr P Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, at the Inaugural Reserve Management Conference, Colombo, 10 -11 September 2026.
Source: BIS Central Bank Speeches
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DW NOTE
Sri Lanka defaulted in 2022, restructured $17 billion in debt this year, and now hosts a conference on reserve management strategy. The irony writes itself — but so does the legitimacy: no one understands the cost of running reserves to zero better than a central bank that actually did it.