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)

Budget not able to upheld the expectation of capital market recovery

Stock MarketNov 17, 2022
Budget not able to upheld the expectation of capital market recovery
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ASPI fell for the fourth consecutive day wiping out LKR 145Bn value from the stock market. The index fell by 4.63% during these four sessions despite net foreign buying held at LKR 325Mn. Turnover is still below par as it fell below LKR 1Bn today.

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