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)

After 10 months CBSL turned to net purchaser of the USD from FX market

Exchange RateSep 17, 2022
After 10 months CBSL turned to net purchaser of the USD from FX market
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CBSL has been a net seller of the FX in the market for the last ten months and spend over USD 1.5Bn from reserves to maintain the exchange rate at a fix. But it failed and had to float at end of March and the following month as well. CBSL bought USD 216mn and sold USD 201Mn in August.

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