COLOMBO — Foreign exchange earnings from Sri Lankan overseas workers continued their upward trajectory, with total remittances for August 2026 reaching US$ 748.6 million, according to data released by the Central Bank of Sri Lanka (CBSL).

The August performance reflects an impressive 9.96% increase compared to the US$ 680.8 million recorded in August 2025. Cumulative worker remittance inflows for the first eight months of 2026 (January to August) reached US$ 6.131 billion, representing an aggregate growth of 19.8% over the corresponding period last year.

Financial analysts highlighted that steady remittance receipts through formal banking channels have provided a vital foreign exchange buffer, bolstering the island's import capacity for essential goods and supporting liquidity in the domestic interbank currency market.

The Central Bank and commercial banks continue to expand digital remittance corridors and promotional incentive schemes, encouraging expatriate workers in the Middle East, Europe, and Asia-Pacific to utilize official, secure, and low-cost digital payment channels.