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)

Sri Lanka interest rates remain unchanged at first monetary policy meeting for 2021

Interest RatesJan 19, 2021
Sri Lanka interest rates remain unchanged at first monetary policy meeting for 2021
Sri Lanka to continues its accommodative monetary policy stance. GDP is expected to have contracted by around 3.9% in 2020. External sector is expected to remain resilient. The low interest rate structure is expected to be maintained. The expansion in money and credit supply to continue in 2021. Yet inflationary pressures are unlikely.

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