Inflation ( CCPI)-0.8% (Oct 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.30%
12M T-Bill Rate9.78%
2Y T-Bond Rate10.25%/ 10.35%
4Y T-Bond Rate11.20% / 11.30%
USD/LKR290/291
Reserves $6.47Bn (Oct 2024)
Cum. Trade Deficit $4,218 Mn (Sep 2024 cumulative)
Cum. Fiscal DeficitLKR 910Bn (Aug 2024 cumulative)

Sri Lanka Rupee to hold between 195 to 200 by end of May against USD , majority expect

Opinion pollsMay 11, 2021
Sri Lanka Rupee to hold between 195 to 200 by end of May against USD , majority expect
Sri Lanka rupee has been speculative during the last month. Currency was depreciated by 2.59% in March and 0.25% in April. CBSL moral suasion has able to keep the USD/LKR below 200.00 for the spot but forwards are well above 200.00. A study revealed the majority of the respondents expect USD/LKR to hold between 195 to 200 by end of this month.

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