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)

Pressure on LKR eased off and CBSL was buying FX in May

Exchange RateJun 21, 2020
Pressure on LKR eased off and CBSL was buying FX in May
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Covid19 influenced to have lower FX inflows to the country as exports, tourism, and worker remittances fell significantly from February. CBSL has been a net seller in March & April of USD 174 & USD 94 Mn to ease off the pressure on LKR. But the official data indicates CBSL has been a net buyer of FX in May amounted to USD 61.5 Mn.

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