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)

Real-time transaction volumes around the world grew 63.2% in 2022

InternationalMay 25, 2023
Real-time transaction volumes around the world grew 63.2% in 2022

Overall real-time transaction volumes around the world grew 63.2% in 2022 to reach a new high of 195.0Bi transactions and are forecasted to reach 511.7B by 2027. By 2027, Bahrain a country of just 1.5 million people is forecasted to have the highest level of real-time payments consumer adoption, with 83.3 real-time transactions per head per month (TPHM).

The world’s major economies have rarely extended the use of real-time payments beyond peer-to-peer credit transfers. The good news for these major economies: the TPHM achieved by our global top 10 illustrates the scale of potential growth they can still unlock.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.