Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

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
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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