Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Sri Lanka CBSL purchased highest ever foreign currency in a single month

Exchange RateApr 10, 2024
Sri Lanka CBSL purchased highest ever foreign currency in a single month

CBSL has been a net buyer of the FX for the last eight months due to improved FX liquidity and very low FX outflow from the country. However, CBSL has purchased USD 715Mn in the last month, which is the highest ever in the last decade by CBSL.

CBSL has purchased a total of USD 1.2Bn within the first three months of this year, which CBSL managed to increase its reserves by USD 559Mn.

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