Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
USD/LKR304/305
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

Sri Lanka Rupee to remain 350 to 375 level in November, opinion poll suggests

Opinion pollsOct 30, 2022
Sri Lanka Rupee to remain 350 to 375 level in November, opinion poll suggests

The imports have fallen to the lowest level, and the premium that prevailed in the grey market over the official FX market has narrowed signing the USD/LKR to remain current level for the near future.

47% of the respondents believe USD/LKR would be 350-375 by end of Nov and a further 20% expect it to appreciate, while 21% expect it to depreciate from the current level.

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