Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

A Jumbo traffic jam on one of the most important highways of global trade

Global IndexesMar 26, 2021
A Jumbo traffic jam on one of the most important highways of global trade
A massive container ship, the Ever Given, is still blocking the Suez Canal despite efforts to refloat the vessel. The bottleneck has brought traffic to a standstill in one of the world’s busiest waterways. More than 150 ships are waiting to pass through the 120-mile canal. Oil prices jumped about 6% on Wednesday. The canal’s blockage exacerbates supply chains that were already strained amid the disruptions caused by Covid-19. (CNBC.com)

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