Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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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