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)

Public expect USD/LKR to be in the range of 300 - 320 while industry participants expect 320-340

Opinion pollsApr 30, 2023
Public expect USD/LKR to be in the range of 300 - 320 while industry participants expect 320-340

The monthly poll conducted by, revealed that the public expects USD /LKR would hold around 300 - 320 by the end of May while the capital market participants expect it to be depreciated to the range of 320 -340.

The expectation of large depreciation of LKR above 340 shows a reduction during the last three months. Also the public seems not to expect substantial appreciation beyond 300 also.


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