Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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
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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