Saturday, 22 June 2024 10:14

Economic indicator Highlights of the Week Featured

* During the period under review (15.06.2024 to 20.06.2024), crude oil prices held around US dollars 85 per barrel exhibiting an increasing trend mainly owing to stronger demand outlook and supply concerns stemming from escalating conflicts in Europe and the Middle East.

Overall, Brent and WTI prices increased by US dollars 0.87 per barrel and US dollars 1.14 per barrel.

* The reserve money increased to Rs 1.46 trillion from Rs1.43 trillion during the period of 13-Jun-2024 to 19-Jun-2024 mainly due to increase in the currency in circulation and increase in the deposits held by the commercial banks with the Central Bank.

*The total outstanding market liquidity was a surplus of Rs. 54.051 bn by 20th June 2024, compared to a surplus of Rs. 123.926 bn by the end of last week.

*By 20th June 2024, the All Share Price Index (ASPI) decreased by 0.50 per cent to 12,249.06 points and the S&P SL 20 Index decreased by 0.97 per cent to 3,610.04 points, compared to the index values of last week.

 *During the year up to 20th June 2024, the Sri Lanka rupee appreciated against the US dollar by 6.1 per cent.

*Foreign Currency Reserves stood at US$ 5,42 billion as at end of May 2024

Br Rohana Jith

Last modified on Saturday, 22 June 2024 10:18

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