Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
USD/LKR313/314
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka stock market exhibit a strong rally with the announcement of new PM

Stock MarketMay 13, 2022
Sri Lanka stock market exhibit a strong rally with the announcement of new PM
Sri Lanka is experiencing its worse economic crisis along with political and social turmoil. Sri Lanka stock market lost its value from LKR 5.785Trillion in the 19th of Jan 2022 to LKR 3.1Trillion by yesterday. Daily average turnover was LKR 8.6Bn in Jan 2022 fell to LKR 1Bn (last five sessions). As a immediate solution, president now has appointed six time prime minister Mr. Ranil Wikramasinghe to the post. The stokes are rallying after the appointment.

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