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 LKR has been depreciated significantly, not only due to COVID-19 impact

Exchange RateApr 10, 2020
Sri Lanka LKR has been depreciated significantly, not only due to COVID-19 impact
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Sri Lanka Rupee hit 200 per USD for the first time in the history due to the mounting pressure of insufficient reserves if the situation escalates further, Europe is the top region for our exports which is under massive COVID-19 spread, high uncertainty of inflow from tourism for a much longer period, a further slowdown of Middle-east will influence lower worker remittances and many more.. But LKR has been under pressure for some times due to the domestic economic issues when compared with peer countries.

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