Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR292/293
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka Central Bank reduce bench-marked interest rate at monetary policy meeting

Interest RatesJan 30, 2020
Sri Lanka Central Bank reduce bench-marked interest rate at monetary policy meeting
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CBSL is in the view that it is essential that market lending rates reduce further in order to support the envisaged pickup in credit growth and economic activity. The external sector remains resilient amidst growing macroeconomic headwinds. Money and credit growth observed in December 2019 is expected to continue in 2020. The inflation is expected to remain in mid single-digit levels in the medium term.

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