Inflation ( CCPI)1.5% (April 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate8.76%
12M T-Bill Rate9.29%
2Y T-Bond Rate10.00%/ 10.05%
4Y T-Bond Rate10.70% / 10.80%
Reserves $5.438Bn (April 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

CBSL has purchased a net of nearly USD 400Mn in March to boost the reserves

Exchange RateApr 12, 2023
CBSL has purchased a net of nearly USD 400Mn in March to boost the reserves

CBSL has purchased USD 453Mn and sold US 55Mn to boost the reserves by USD 400Mn in March 2023. CBSL has now purchased a net of USD 863Mn FX during the first three months of 2023. LKR appreciated substantially in March as a result of FX liquidity improved.

The lower net trade deficit, improved tourism and worker remittance along with inflow from IMF have led steep appreciation of LKR in March.


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