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%
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

New deposit rates and new lending rates have fallen 0.60 percent in 1Q compared to the level seen at end of last year

Interest RatesMay 24, 2020
New deposit rates and new lending rates have fallen 0.60 percent in 1Q compared to the level seen at end of last year
New deposits rates and new lending rates have fallen by on average 0.60% from December 2019 to the end of March 2020 among the Commercial banks in Sri Lanka. during this period CBSL cut down the benchmarked interest rates by 0.75% and from the end of March to May CBSL brought a further 0.75% cut on the interest rates to boost the economy which is finding it hard to pick-up. But at the end of March, the average weighted new lending rate was 12.19%, which has fallen by 2.16% from June last year. CBSL cut the rates by 2.25% during this period.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.