Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka Rupee slip towards 181.00

Exchange RateSep 19, 2019
Sri Lanka Rupee slip towards 181.00
Sri Lanka rupee is under pressure due to the outflow of foreign investment from the capital market. LKR hit 181.04 and closed at 180.90/05. CBSL spend net of $ 71Mn in last month to defend the LKR stating the current depreciation is short term volatility. The government revenue has been underachieved for the first six months of this year, while expenses have not declined

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