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

CBSL has spend USD 22.50 Million to defend year end sharp depreciation of LKR

Exchange RateJan 8, 2021
CBSL has spend USD 22.50 Million to defend year end sharp depreciation of LKR
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CBSL has spend USD 22.50 Mn to defend year end sharp depreciation of LKR against USD. Bank became net seller of FX in December, after being the net buyer of FX for last seven months. But CBSL was net buyer of FX of USD 282.80 Mn for the 2020, while bank was able to boost the reserves by USD 387Mn after been net buyer in 2019 as well.


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