http://www.ft.lk/2012/06/16/imf-cuts-sri-lankas-growth-forecast-but-says-future-stable/
According to which, the inflation rate is going to be around 9.5%. So, even with 20% FD rates, I don't think investing in FDs would be a better option compared to the CSE. In terms of digits (bare numbers), people will feel safe about the money... but my guess is that stocks (if invested wisely) will give more returns + protection over inflation.
What do you guys think?
Cheers!