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)

Global fear surged reflecting Volatility index VIX hits highest since 2011

Global IndexesMar 3, 2020
Global fear surged reflecting Volatility index VIX hits highest since 2011
Cboe Volatility Index, better known as VIX which measures the risk of the market and called a “fear gauge” has peaked. As the virus spread, the VIX soared. Stocks plunge in the worst sell-off in years. All the MSCI indexes across the globe have fallen down miserably so far this year. US 10 Treasuries attracting funds and yields down below 1.00% (0.962%), Gold and silver prices are higher in early U.S. futures trading Tuesday. The crude oil price fell fearing global economic slowdown.

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