Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR298/299
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Global oil prices reach pre-pandemic levels

EnergyFeb 9, 2021
Global oil prices reach pre-pandemic levels
Global oil prices reach pre-pandemic levels as Brent push above $60 a barrel and (WTI) crude to $57 for the first time in more than a year. China has been a key driver of the market rebound while declining crude oil inventories in US seen as another factor. Tighter supplies from OPEC+ also have successfully turned the oil price up.

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