Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Sri Lanka Rupee recovered wile CBSL actions stopped the forward forex market activities

Exchange RateJan 28, 2021
Sri Lanka Rupee recovered wile CBSL actions stopped the forward forex market activities
Sri Lanka Rupee depreciated significantly in 2021 bur recovered while CBSL stopped the forward forex market activities for the banks. LKR closed around 192/193.00 in the spot-next market. However emerging market (EM) currencies have recovered in 2021 which were deprecated at steady rate in 2020. LKR o/n liquidity fell down by one average Rs. 100Bn during last couple of days, while yields on dollar bonds have started to rise again.

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