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 2,320 Bn (Dec 2023)

Number of PCR tests and cases are falling due to containing of the COVID spread in country Dr. Sugath Dharmarathne

COVID19Jun 15, 2021
Number of PCR tests and cases are falling due to containing of the COVID spread in country Dr. Sugath Dharmarathne
During the mid of May country performed over 25,000 PCR tests per day and as per the data release from HPB and it has fallen to below 19,000. Average COVID19 cases per day peaked at the end of first week of June to over 3,000 and it has fallen to 2,500 by now. Positive case % has also fallen from 15% to 13.5%. DG Dr. Sugath Dharmarathne says the demand for PCR tests has fallen due to the low number of cases are found in the country.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.