The EconomySri Lanka's export sector has recorded a growth of 13.9 percent the first quarter of this year compared to 9% in 2003. The Colombo Bourse kept a bullish trend with retail investors playing a significant role. On the other hand, the spot rates for the US dollar and other traded currencies touched new heights as the pressure on the exchange rate continued with the Sri Lanka Rupee depreciating further.
The increasing import bill and the uncertainty on peace and the tensions in the North and East contributed to the concerns in the forex market. The interest rates, which were at historically low levels at the beginning of the year, contined their upward movement during the month.
Sveriges Amassad i Colombo har skrivit ovanstående. Rapporten (3 sidor) kan läsas vid Bifogad fil nedan.
EXPORTRÅDET Swedish Trade CouncilBox 240SE-101 24 Stockholm
Besöksadress:World Trade Center, Klarabergsviadukten 70 info@swedishtrade.se T +46 8 588 660 00 F +46 8 588 661 90
Seminarier i praktiskt exportarbete och internationell handel.