Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka Central Bank updates the long over due Exchange adjustment

Exchange RateAug 31, 2021
Sri Lanka Central Bank updates the long over due Exchange adjustment
Sri Lankan Rupee has been under pressure for some times. Commercial Banks started to quote USD/LKR around 226 while CBSL data was lagged on reflecting actual market condition. But last few days CBSL has adjusted the published exchange rate while Minister for Capital Market said there is no liquidity issue for USD and depreciation pressure is temporary.

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