Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down

Pac-man

Pac-man

Assistant Vice President - Equity Analytics

Posts : 889
Equity Stars : 4497
Reputation : 15
Join date : 2015-02-06

This is what our great new finance minster said. "Reducing interest rates"
Direct impact to CFVF,ESL,MFL,CSEC
Indirectly to the whole economy and all shares, since lending rates will drop.
Brokers will only try to make money for them and not for you. So u decide what to BUY.

http://www.lankabusinessonline.com/sri-lankas-new-finance-minister-says-wont-allow-artificial-devaluation-high-interest-rates/

jayathu

jayathu

Assistant Vice President - Equity Analytics

Posts : 949
Equity Stars : 4869
Reputation : 24
Join date : 2014-03-02

Exports will be benifited. As a country which depends on imports will be adversely effected. Cost of living will rise up,trade deficit will widen. Rupee value came to a level where they couldn't control it further without our foreign reserve getting depleted. Our debt repayment level will rise rapidly due to most of the loans ar taken in dollars.

Don't buy cfvf n ESL nw

Shammi Dharshana

Shammi Dharshana

Senior Manager - Equity Analytics

Posts : 380
Equity Stars : 3699
Reputation : 0
Join date : 2015-08-19

Mr by pac_man wt do u think csec,cfvf good to buy or sell this situation plz explain

Gainer

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10959
Reputation : 264
Join date : 2011-03-13

"Reducing interest rates" good for Finance company

jayathu

jayathu

Assistant Vice President - Equity Analytics

Posts : 949
Equity Stars : 4869
Reputation : 24
Join date : 2014-03-02

Reducing interest rate won't happen anytime soon. Ravi is an idiot, he just say stuff without thinking it through. Hw can he justify a further rate reduction???

He should tackle the the imminent problem we are facing.rapid devaluation of currency, widening trade gap, skyrocketing loan repayment amount and continuous deflation happening in Sri Lanka.
Fr the first issue they got a temporarily solution with the currency swap but that isn't sufficient enough.

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 17143
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

Food companies will benifit with out risk as every one wants to EAT.

Yahapalanaya

Yahapalanaya

Senior Vice President - Equity Analytics

Posts : 1817
Equity Stars : 5314
Reputation : 93
Join date : 2015-06-07
Location : North America

jayathu wrote:Reducing interest rate won't happen anytime soon. Ravi is an idiot, he just say stuff without thinking it through. Hw can he justify a further rate reduction???

He should tackle the the imminent problem we are facing.rapid devaluation of currency, widening trade gap, skyrocketing loan repayment amount and continuous deflation happening in Sri Lanka.
Fr the first issue they got a temporarily solution with the currency swap but that isn't sufficient enough.

What to do machan,King and family stolen our resources in Billions and having bangalows and hotels in foreign soil.If we can bring those funds to our country through interpol and help of other countries,we could reduce skyrocketing loan repayment

Also king built useless mattala airport etc.

pale

Ryan Hudson

Ryan Hudson

Assistant Vice President - Equity Analytics

Posts : 652
Equity Stars : 4282
Reputation : 79
Join date : 2015-02-12

Foolish Sira and mad ranil with stolen money from people upto 72000 million rs. within 200 days of government, and striking havoc inthis country all intelligent people should migrate to escape from grand robbers like my3 ranil and ravi

anges

anges

Assistant Vice President - Equity Analytics

Posts : 749
Equity Stars : 5059
Reputation : 25
Join date : 2012-12-04

focus on the market

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down

1 Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sat Sep 05, 2015 5:04 pm

Pac-man

2 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sat Sep 05, 2015 7:45 pm

jayathu

3 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sat Sep 05, 2015 7:48 pm

Shammi Dharshana

4 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sat Sep 05, 2015 8:24 pm

Gainer

5 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sat Sep 05, 2015 11:35 pm

jayathu

6 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sun Sep 06, 2015 12:25 am

Teller

7 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sun Sep 06, 2015 7:04 am

Yahapalanaya

8 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Sun Sep 06, 2015 9:10 am

Ryan Hudson

9 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down Mon Sep 07, 2015 1:06 am

anges

10 Re: Ensure strengthening the rupee and moving forward - Ravi K says to Media while Rupee starts to go down

Sponsored content

New topics