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 prints fresh money on Friday as the total CBSL holdings surpassed LKR 2Trillion

Bank & FinanceJun 18, 2022
Sri Lanka prints fresh money on Friday as the total CBSL holdings surpassed LKR 2Trillion
CBSL's holdings of T-Bills were recorded as LKR 2.45Bn by Friday. In the last four weeks, CBSL has managed to sell or re-issue the T-bills at the primary auction which enables them not to print additional money that creates inflation in the longer term. But the trend has changed on Friday as they had to print LKR 48Bn fresh money for the government funding requirement. PM has indicated Sri Lanka may have to print another LKR 1Trillion in the near term.

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