Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
USD/LKR304/305
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

CBSL has bought USD 663Mn during May to boost the reserves

Exchange RateJun 10, 2023
CBSL has bought USD 663Mn during May to boost the reserves

Improved FX liquidity and lower outflows have helped CBSL to purchase a massive USD 663Mn worth of FX from the capital markets during last month. It was one of the biggest net purchase of FX by CBSL in a decade. CBSL has net purchased USD 1,673Mn of FX from the market YTD.

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