Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate10.03%
12M T-Bill Rate10.23%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR300/301
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

CBSL settles more LKR 44Bn printed money on Friday

Bank & FinanceMar 24, 2023
CBSL settles more LKR 44Bn printed money on Friday

CBSL holding of Government Securities (money printing) increased by nearly LKR 100Bn last week, but CBSL managed to sell excess T-Bills at the primary auction held based on maturities falling due today and reduced the outstanding T-Bill by LKR 44Bn. The banking system is becoming more liquid as the net credit to the private sector is still negative.

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