Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Interest rates are continue to fall

Interest RatesJul 3, 2021
Interest rates are continue to fall
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Sri Lanka started to adopt an accommodative monetary policy after it cut the SDFR & SLFR in May 2019 by 50 basis points. Since then, the domestic yields are declining. Year on year basis, new deposits rates have fallen by 3.06% and new lending rates have fallen by 3.94% in May.

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