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)

Sri Lanka stocks rallied after least effected DDR/DDO to market participants

Stock MarketJul 4, 2023
Sri Lanka stocks rallied after least effected DDR/DDO to market participants

Sri Lanka’s capital market expected a much hard DDR compared to the DDR approved by the Sri Lanka parliament few days back. That resulted in a positive run on the stock market recording the highest daily turnover of LKR 7.3 Bn since 2nd Feb 2022. Index boosted by 7.17% place a one of the best-performing indexes among the pear Asian indexes.

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