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%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka Rupee bonused back strongly in volatile currency market

Exchange RateApr 16, 2021
Sri Lanka Rupee bonused back strongly in volatile currency market
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Sri Lanka secured USD 500mn from China as part of a USD 700Mn loan facility that the government has been negotiating for a while. LKR depreciated to 203/203.50 1W early in the morning but recovered strongly before closing the day 192.00 / 194.00.

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