Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Price of Crude oil hit 14 month high and SL continue to fixed the domestic oil price

EnergyMar 8, 2021
Price of Crude oil hit 14 month high and SL continue to fixed the domestic oil price
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Oil prices jumped above $70 a barrel for the first time in 14 months after Saudi energy facilities are being attacked raising concerns about “the security and stability” of global supplies, Reuters. US 10 Year G-Sec yields have surpassed 1.5% which is not good for global equities. Meantime, Dollar Index has also moved up from 90 to 92, which is negative for emerging market currencies.


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