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During the week of 04 to 08 May 2026, crude oil prices fluctuated due to Middle East tensions, ultimately declining by $6.49 for Brent and $5.82 for WTI. The monetary sector saw an increase in the Average Weighted Prime Lending Rate and a significant year-on-year growth in private sector credit. Additionally, government revenue increased, resulting in a budget surplus, while external factors included a depreciation of the Sri Lankan rupee and a decrease in tourist arrivals.
- Author
- pragash.y
- Language
- EN