Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 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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