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)

Sri Lanka MSCI USD return is positive during September, despite it is negative YTD

Global IndexesOct 4, 2022
Sri Lanka MSCI USD return is positive during September, despite it is negative YTD
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Fewer imports and a controlled float of LKR indicate a stability of the USD/LKR for the last couple of months. The LKR-based local ASPI returned to the positive territory in July and in September it gained 9.5%. Despite the USD return of MSCI Sri Lanka’s loss of 61% on YTD, it gained in September on months to date basis.

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