Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Sri Lanka continue on printing money to settle debt

Interest RatesJan 6, 2021
Sri Lanka continue on printing money to settle debt
Sri Lanka Central Bank's holding of Treasury Securities reached historically highest level of LKR 884Bn on 30th Dec 2020 and fell back to LKR 738Bn in the first week of 2020. Country has been continue on printing money to settle the short term debts in recent past, on the same time Gov has indicated several SWAP options that is been discussed with India & China to boost the reserves.

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