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SRI LANKA NEWS

Money printing exceeds Rs. 2 trillion - CHR - Sri Lanka Mirror

Lanka Hit News • May 24, 2026 · 5mo ago • 1 min read
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The broad aggregate money supply (money printing) of the Central Bank of Sri Lanka has exceeded Rs. 2.1 trillion, the Center for Human Rights & Research (CHR) states.

As a result, the volume of currency in circulation has increased by Rs. 303,956 million over the past 17 months alone, the organisation points out.

Issuing a statement under the letterhead of the CHR, its Executive Director, Rajith Keerthi Tennakoon, revealed this today (24).

The statement notes that this was determined through an analysis of data published in the Central Bank of Sri Lanka’s Weekly Economic Indicators (28 March 2025 and 22 May 2026).

According to the statement, the broad money supply stood at Rs. 14,439.1 billion as at January 2025, and had increased to Rs. 16,585.7 billion by March 2026.

Accordingly, the money supply has expanded by Rs. 2,146.1 billion (Rs. 2.1 trillion) over the past 15 months.

He further disclosed details on how the Central Bank has effectively created money through the expansion of the broad money supply (M2b) over the past 15 months, technically referred to as money printing.

The statement issued by the CHR is as follows:

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