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)

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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