Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
USD/LKR313/314
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

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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