Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Majority of the People believe LKR would depreciate above 200 against USD by end of April

Opinion pollsMar 30, 2021
Majority of the People believe LKR would depreciate above 200 against USD by end of April
Sri Lanka Rupee has depreciated by more than 6% since the end of 2020. Reserves have depleted by 20% since the end of 2020. Exports have been static and imports have started to pick up. 61% of the respondents believe USD/LKR will be above Rs.200 by end of April. Out of the respondents who are directly related to Banking, finance, and Capital Market Research, 55% of them believe USD/LKR will be above Rs.200 by end of April.

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