Inflation ( CCPI)4.0% (Aug 2023)
GDP-3.1% (2Q 2023)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate18.12%
12M T-Bill Rate13.32%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,623 Mn (July 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Tourism FX inflow fell in May as the country into off season of the tourism

Travel & TourismJun 2, 2023
Tourism FX inflow fell in May as the country into off season of the tourism

Sri Lanka’s tourism inflow is seasonal and now the country has entered into an off-season of tourism. Still country generates half of the monthly tourism inflow that used to generate in the pre-COVID period. Improvement of tourism is essential for Sri Lanka to build its foreign currency reserves.

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