Foreign reserves increase

US$ 875 million inflow from a US-based fund into 4 and 6-year rupee bonds pushed Sri Lanka's foreign reserves above $ 3.0 billion by Friday. US$ 270 million received on Monday and followed by US$ 297 mln on Tuesday and US$ 300 million on Wednesday. Minister of Export Promotion and External trade Prof. G.L. Peris said that the end of the war,improved confidence on the Sri Lankan economy after the receiving IMF standby facility, trust on government economic policies are the reasons for this foreign investment inflow.