Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Poll results suggests Rupee to depreciate officially above 220

Opinion pollsAug 30, 2021
Poll results suggests Rupee to depreciate officially above 220
The poll conducted by Feedback.lk revealed majority of the respondents expect LKR would be officially above 220 against USD by end of September. 56% of the surveyed respondents expect LKR to be above 220 by end of Sep and 24% still believe USD/LKR would be settle between 210-220. But USD/LKR has been well above 220 in the kerb market and many commercial banks have quoted USD/LKR above 220 despite CBSL web site publishes LKR 203 per USD.

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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.