š Sri Lanka FX & Economic Outlook: LKR Stability and 4th Straight Current Account Surplus Projected for 2026
Sri Lanka is projected to register its fourth consecutive current account surplus in 2026, supported by strong worker remittances, CBSL foreign exchange purchases, and multilateral inflows. ⢠Overall Figures: Current account surplus forecast at US$ 250ā300 Mn (~0.3% of GDP). ⢠Foreign Exchange & Currency: LKR expected to remain stable at Rs. 330ā335/USD. CBSL YTD net purchases near US$ 1 Bn, complemented by upcoming ADB (US$ 200 Mn) and World Bank (US$ 150 Mn) inflows. ⢠Remittances: Projected to grow 12% YoY to a record US$ 9 Bn, providing critical support to national liquidity. ⢠Tourism & Exports: Tourism arrivals expected at 2.3 Mn (matching 2025 levels), though earnings are forecast down 10% YoY to US$ 2.9 Bn due to lower average spending and a changing visitor mix. Moderating oil prices are expected to offset softer overall exports.