Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

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 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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