Sri Lanka Jan-April trade deficit narrows to $806.1 mln
COLOMBO, June 22 (Reuters) - Sri Lanka's trade deficit for the first four months of 2009 narrowed 61.5 percent to $806.1 million, while its gross official reserves edged up in April for the first time since July, the central bank said on Monday.
The trade deficit in April narrowed 75.9 percent to $166.7 million from $690.2 million a year earlier. April exports fell 28.2 percent to $437.6 million from $609.6 million, while imports fell 53.5 percent to $604.3 million, data showed.
The Central Bank also said foreign exchange reserves at the end of April were $1.296 billion, marginally up from end March's $1.27 billion, its first rise since July. The total at the end of 2008 was $2.99 billion. (Reporting by Shihar Aneez and Ranga Sirilal; Editing by Bryson Hull)
© Thomson Reuters 2010 All rights reserved
Economy seen growing at 7.2 pct in FY10 - govt
The forecast reinforces the possibility that the government may start to unwind its fiscal stimulus in the budget. Full Article
Greek crisis sets euro zone enlargement back
The Greek debt crisis has dealt a setback to prospects of enlarging the euro zone by highlighting the difficulties of managing the single currency area. Full Article
India
US
UK
