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%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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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