Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate10.03%
12M T-Bill Rate10.23%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR300/301
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Majority of the pubic and field experts expect over 5% interest rate hike today at Monetary Policy Review

Opinion pollsApr 8, 2022
Majority of the pubic and field experts expect over 5% interest rate hike today at Monetary Policy Review
The public poll conducted by feedback.lk revealed that majority (53%) of the public and 51% of the respondents who engaged in field of finance believe there will be minimum of 5% interest rate increase will be on the card. The treasury bill rates have jumped over 3.0% to 4.5% after pervious rate hike as of now. In order to reduce the money printing and stabilized the domestic currency the rate increase is required.

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