Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Sri Lanka and Bangladesh stock market boom and economic fundamentals

Stock MarketJan 25, 2021
Sri Lanka and Bangladesh stock market boom and economic fundamentals
Two South Asian stock markets, Sri Lanka and Bangladesh have performed well since COVID-19 starts to block social activities. Interest rates have been cut down dramatically in both countries. Bangladesh reserves were only two times to Sri Lanka reserves in 2010 but now it is eight times while LKR has been depreciated by more than 40% since 2014 but BDT has depreciated only by 8%.

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