Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.91%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $1.89Bn (Dec 2022)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

CBSL still a net seller of the FX at the market in Feb but low quantities

Exchange RateMar 14, 2022
CBSL still a net seller of the FX at the market in Feb but low quantities
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CBSL has been largely seen defending the Rupee that was unsuccess peg to USD before float in the last week. Since last August CBSL turned largely into defending the Rupee using the reserves which resulted in losing USD 1,163Mn.

But the situation has improved in Feb as CBSL managed to purchase USD 162Mn FX from the market as the tourism and export proceeding improved and sell USD 185Mn.

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