Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka USD/LKR sentiment is changing for less depreciation in coming months

Opinion pollsOct 1, 2021
Sri Lanka USD/LKR sentiment is changing for less depreciation in coming months
The opinion poll conducted via twitter and LinkedIn revealed 40% of the public expect USD/LKR to be settled above 220 by end of October and 38% believe it will settle in between 200 to 210. But interestingly 52% of the respondents who are in the capital market believe it will settled in between 200 to 210. The majority of the respondents in both the segments expected USD/LKR to be above 220 by end of September, which in fact tough 230 during the month before CBSL was forced to fix it at 203.

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