Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Growth of Oil Futures surpassed Bitcoin gains in 2021

Global IndexesJun 3, 2021
Growth of Oil Futures surpassed Bitcoin gains in 2021
Miami is hosting the largest-ever cryptocurrency conference in a sign that what was once dismissed as a passing fad is now going mainstream as per FoxBusinss.com . The price of bitcoin continues to see volatility after crashing in May, when it fell to as low as $30,000 from a high of more than $64,000 in April. JPMorgan believe bitcoin's price might fall further before stabilizing after a correction.

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