Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.91%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $1.89Bn (Dec 2022)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

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
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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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