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)

Over a decade many Asian countries have improved their capacity to import goods and services

Global IndexesApr 15, 2022
Over a decade many Asian countries have improved their capacity to import goods and services
The reserves of a country would varies as per the size of the economy of the country. Months of import is one indicator that reflect the real growth of the FX reserves with respect to the growth of the economy. Over decade many Asian countries have managed to improve their capacity while building level of reserves that is sufficient to imports goods and services to the fellow countrymen.

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