Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
USD/LKR304/305
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

CBSL continue to maintain the current policy interest rates

Interest RatesOct 14, 2021
CBSL continue to maintain the current policy interest rates
Despite strong market sentiment towards benched marked interest rate hike, CBSL kept the 5.0% & 6.0% window rates siting there are no supply-side developments that warrant a monetary policy tightening further. The statement says the momentum of credit expansion is expected to continue during the remainder of the year. Further, CBSL expects a rebound in worker remittance and fresh foreign exchange inflows in the period ahead.

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