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)

Foreign currency liquidity has fallen as LKR is under pressure for depreciation

Exchange RateJun 14, 2024
Foreign currency liquidity has fallen as LKR is under pressure for depreciation

The average daily FX trading liquidity has dropped from USD 70 million in March-April to USD 25 million in June. In June, the LKR (Sri Lankan Rupee) depreciated by 0.70% and had already lost 1.7% of its value in May. Despite these recent declines, the LKR has appreciated by 6.23% overall this year.

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