Search found 91 matches for srilanka

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CHRONICLE wrote:

Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.

The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.

When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.

#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy

CHRONICLE wrote:

Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.

The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.

When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.

#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy

judecroos wrote:

samaritan wrote:

Ajith Nivard Cabraal

@an_cabraal





[ltr]Our businesses & investors should factor the positive developments during past few days in their #investment decisions:SWAP w/ #China, interest rates at historic low levels, country opening out for #tourism, strong vaccination programme, first IPO in several years.@CBSL #SriLanka[/ltr]

You may be positive but Can't help .. CSE they are playing this game with the referee on their side but we need to be good enough to outsmart them.

samaritan wrote:

Ajith Nivard Cabraal

@an_cabraal



[ltr]Our businesses & investors should factor the positive developments during past few days in their #investment decisions:SWAP w/ #China, interest rates at historic low levels, country opening out for #tourism, strong vaccination programme, first IPO in several years.@CBSL #SriLanka[/ltr]

EPS wrote:If they know the CSE Market cap worth more than the 4.5 Trillion, why they late to take this action ?
Anyhow many small investors totally vanished by now.

Now market cap 3 Trn.
Guess, another 50% will up , now onwards without any interruption    

State minister Capital market

Requested
@CSE_Media
to allow broker [size=15]#credit[/size] based on total portfolio & not force-sell individual [size=15]#stocks[/size]: will also soon discuss this matter with [size=15]#Banks[/size] & other lenders to arrive at a suitable solution. [size=15]#lka[/size] [size=15]#SriLanka[/size] [size=15]#corporates[/size] [size=15]#capitalmarket[/size] [size=15]#Investments[/size]

Karthick wrote:Requested
[size=23]@CSE_Media[/size]
to allow broker [size=23]#credit[/size] based on total portfolio & not force-sell individual [size=23]#stocks[/size]: will also soon discuss this matter with [size=23]#Banks[/size] & other lenders to arrive at a suitable solution. [size=23]#lka[/size] [size=23]#SriLanka[/size] [size=23]#corporates[/size] [size=23]#capitalmarket[/size] [size=23]#Investments[/size]


OFFICAIL TWITT BY Minster.CABRAL

https://twitter.com/an_cabraal/status/1367677953417437187