Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.88%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $2.12Bn (Jan 2023)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

Public and market professionals expect Rupee to depreciate further in July

Opinion pollsJun 30, 2022
Public and market professionals expect Rupee to depreciate further in July
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As per the monthly poll conducted by feedback.lk, the majority (56%) of the public and 52% of the financial market professionals expect LKR will depreciate above 375 per one dollar by end of July. Last month majority expected the USD/LKR will be between 350 to 375.

The unavailability of foreign currency has not improved during the last couple of months. The slowing down of the imports has taken ever some part of the pressure on the USD/LKR. Currently, CBSL is guiding the FX market by providing middle and allowing some percentage of variation from the middle rate.

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