Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

CBSL continue to be a net purchase of foreign exchange from the market

Exchange RateJul 10, 2021
CBSL continue to be a net purchase of foreign exchange from the market
CBSL has opted not to sell down the FX reserves to defend the local currency but continued to be a net buyer of FX despite the pressure of the heavily depreciating LKR. Being net buyers of USD 33.7Mn in June 2021, the CBSL has added USD 126.57Mn to the reserve so far in this year. The last net sale was in January 2021.

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