Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka Rupee to depreciate further from current level of 193.00

Opinion pollsFeb 4, 2021
Sri Lanka Rupee to depreciate further from current level of 193.00
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Opinion poll suggests Sri Lanka rupee to depreciate from current level of 193.25/194.00 by end of February. Only 13% of the participants believe USD/LKR will gain during February and settle below 190.00 while 23% believe it will be swing between 190.00 to 195.00. But 28% expect it will settle between 195.00 to 200.00, while majority (37%) forecast LKR will face significant devaluation and settle above Rs. 200.00


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