Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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
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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