Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka Rupee to be held around 320 to 340 against USD by end of April - Opinion poll

Opinion pollsMar 31, 2023
Sri Lanka Rupee to be held around 320 to 340 against USD by end of April - Opinion poll

USD deprecated from 363 to 310 against Sri Lanka Rupee after CBSL tactically managed the FX liquidity by relaxing a surrender rule, phasing out the FX trading band, the positive sentiment of the IMF package, etc. USD/LKR is now being settled around 327/333 showing marginal depreciation.

Majority of the public expects it to be 320 to 340 by the end of April, and only 10% or (5% of capital market respondents) expect it to be lower than Rs.300.


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