Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 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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