Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.7% (3Q 2023)
3M T-Bill Rate10.17%
12M T-Bill Rate10.28%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR301/303
Reserves $4.517Bn (Feb 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Policy Interest Rate to be remaining same at coming monetary policy meeting- majority

Opinion pollsOct 5, 2022
Policy Interest Rate to be remaining same at coming monetary policy meeting- majority

CBSL expect to release its seventh monetary policy statement tomorrow. The regular pre-policy public poll revealed most of the respondents expect the policy rates will remain at the same level of 14.5% to 15.5% at the meeting. 68% of the industry experts also believe, the possibility of the rate increase is a remote chance.

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