Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR298/299
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka FX Reserves are at USD 2.1Bn after 11 months

Bank & FinanceFeb 7, 2023
Sri Lanka FX Reserves are at USD 2.1Bn after 11 months

Improvements in worker remittance, tourism, and import restrictions along with lower demand for some of the imported items have helped CBSL to accumulate reserves in January. Meantime, the arrears of ISBs stand at USD 1.633Bn and SLDBs stand at 156Mn by the end of 2022.

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