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 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
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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