Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka Central Bank moved to tightening of monetary policy stance

Interest RatesAug 19, 2021
Sri Lanka Central Bank moved to tightening of monetary policy stance
After conducting accommodative monetary policy for 32 months, CBSL turned to tighten the availability of money for credit by increasing the SDFR & SLFR by 0.50% and SRR by 2.0%. CBSL expects these monetary policy decisions to iron out the prevailing imbalances in the domestic financial markets and the external sector of the economy. Further, it expects to absorb the large amount of currency held by the public observed since the onset of the pandemic in early 2020.

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