Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.67%
12M T-Bill Rate12.88%
2Y T-Bond Rate13.95%/ 14.05%
4Y T-Bond Rate14.20% / 14.30%
USD/LKR327/328
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka CBSL policy rates unchanged and Board decided to introduce maximum interest rates on mortgage backed housing loans

Interest RatesNov 26, 2020
Sri Lanka CBSL policy rates unchanged and Board decided to introduce maximum interest rates on mortgage backed housing loans
Sri Lanka CBSL policy rates unchanged and Monetary Board decided to introduce maximum interest rates on mortgage backed housing loans. Board stressed the need for a continued downward adjustment in lending rates to boost economic growth. In order to boost the economy, CBSL will introduce lending targets for selected sectors of the economy in the near future.

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