The Hon. (Dr.) Anil Jayantha
Hon. (Dr.) Anil Jayantha responded that the Central Bank would consider the points raised and manage the existing swap arrangement with the People’s Bank of China as part of efforts to build net international reserves. He stated that the exchange rate had remained stable without unnecessary volatility and that the Central Bank would take necessary measures as required.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Member, thank you for the points. The Central Bank will take them into account.
¶ 02 Regarding the swap with the People’s Bank of China, it is not new; it has been there. The target is to build the NIR, and the Central Bank will manage accordingly.
¶ 03 Despite criticisms, we have maintained a very stable exchange rate without unnecessary volatility. From time to time, the Central Bank will take required measures.
¶ 04 Thank you.
Provenance
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- Hansard, Wednesday, 24 September 2025 ·No. 1759815459006615 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 24 September 2025. No. 1759815459006615. Politick, https://staging.politick.io/lk/speeches/20817