Can you expect further increase in interest rate

summa · 1 Can you expect further increase in interest rate Mon Aug 06, 2012 4:25 pm

summa

Senior Equity Analytic

Posts : 57
Equity Stars : 4522
Reputation : 0
Join date : 2012-04-04
Location : Colombo

Inflation hit the height...
Can you expect further increase in interest rate.
Your comments are welcome...

econ · 2 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 6:58 pm

econ

Global Moderator

Posts : 1479
Equity Stars : 8425
Reputation : 94
Join date : 2011-01-27

I am expecting futher increase of interest rate and eventually collapsing several small scale finance companies.

worthiness · 3 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 8:15 pm

worthiness

Senior Vice President - Equity Analytics

Posts : 2577
Equity Stars : 8943
Reputation : 115
Join date : 2011-04-08

I guess the CB will seriously think of increasing the rates....because of the direct impact on banking & finance sector.....It is one of the tools for monitoring the inflation which will be double digit very soon....

Redbulls · 4 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 8:45 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16067
Reputation : 770
Join date : 2012-02-14

econ wrote:I am expecting futher increase of interest rate and eventually collapsing several small scale finance companies.

Seems to be.

2011_NewComer · 5 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 8:58 pm

2011_NewComer

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5561
Reputation : 77
Join date : 2011-03-10
Location : Colombo

The Policy rate announcement is on Tomorrow..So will they increase Policy rates Question

wiki · 6 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 9:19 pm

wiki

Assistant Vice President - Equity Analytics

Posts : 687
Equity Stars : 5703
Reputation : 41
Join date : 2011-02-03
Location : Colombo

Market paused on Friday due to short term profit taking and declining profits in CARS and BUKI as we approached the take-off point in the rounded bottom formation on the daily charts. Carsons(CARS) declined Rs.13.40 due to profit after tax for IQ2012

Everybody is eagerly awaiting an official announcement from PBJ regarding the deliberations he had with the SEC, CSE and the Stockbrokers last week.

Next monetary policy committee meeting is scheduled for Wednesday, August 8th when it is hotly tipped to announce an easing of policy rates.

We like to stress again that this is probably the last chance to grab the bargains still available in plenty.

Capital trust research

2011_NewComer · 7 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 9:28 pm

2011_NewComer

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 5561
Reputation : 77
Join date : 2011-03-10
Location : Colombo

wiki wrote:

Market paused on Friday due to short term profit taking and declining profits in CARS and BUKI as we approached the take-off point in the rounded bottom formation on the daily charts. Carsons(CARS) declined Rs.13.40 due to profit after tax for IQ2012

Everybody is eagerly awaiting an official announcement from PBJ regarding the deliberations he had with the SEC, CSE and the Stockbrokers last week.

Next monetary policy committee meeting is scheduled for Wednesday, August 8th when it is hotly tipped to announce an easing of policy rates.

We like to stress again that this is probably the last chance to grab the bargains still available in plenty.

Capital trust research

SR has been saying that for months, but didn't happen so far. We'll see tomorrow.

hariesha · 8 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 12:04 am

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 7283
Reputation : 34
Join date : 2011-03-14

econ wrote:I am expecting futher increase of interest rate and eventually collapsing several small scale finance companies.

Why moderators make this kind of irresponsible and absurd comments! Moderators should make an example to others.

Rates can go either way depending on economic conditions. But our finance companies have operated in much higher rate scenarios and they did well. All the failed companies in the past got failed due to miss-management not due to interest rates. I never heard any ware in the world finance companies are failing due to interest rate fluctuations.

My belief is we will have a relax-monetary policy announcement very soon, may be even tomorrow or maximum within next two months. Inflation what we see now is clearly not demand driven, but due to other factors.

Redbulls · 9 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 4:00 am

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16067
Reputation : 770
Join date : 2012-02-14

hariesha wrote:

econ wrote:I am expecting futher increase of interest rate and eventually collapsing several small scale finance companies.

Why moderators make this kind of irresponsible and absurd comments! Moderators should make an example to others.

Rates can go either way depending on economic conditions. But our finance companies have operated in much higher rate scenarios and they did well. All the failed companies in the past got failed due to miss-management not due to interest rates. I never heard any ware in the world finance companies are failing due to interest rate fluctuations.

My belief is we will have a relax-monetary policy announcement very soon, may be even tomorrow or maximum within next two months. Inflation what we see now is clearly not demand driven, but due to other factors.

I couldn't see anything wrong on Econ's comment.
High interest rate usually ballon the finance companies customer deposit sector,Which may lead to mis management.

Plus Moderators are managing the forum's day to day activities only, IMHO they got the right to say their own views.
(So many good contributors to this forum in the past nowadays not participating even not logging on frequently after nominating to the forum moderators because of misunderstanding about the moderator's role by our forum members.)

Slstock · 10 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 4:18 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13374
Reputation : 1158
Join date : 2011-01-22

CB also has a committee responsible to monitor finance companies who are registered with them.

Due to interest rate issues only if a fiance company collapses, then there is a problem in two ways
a) the company is not managed well as we saw higher interest rates in 2007 to 2008 and companies still survived
b) CB board is also not doing it job with such finance companies

Slstock · 11 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 4:20 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13374
Reputation : 1158
Join date : 2011-01-22

Smartest move by CB at this time is to keep the present interest rate unchanged in my opinion.

wiki · 12 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 8:18 am

wiki

Assistant Vice President - Equity Analytics

Posts : 687
Equity Stars : 5703
Reputation : 41
Join date : 2011-02-03
Location : Colombo

CB seen keeping rates steady: Reuters Poll

http://www.ft.lk/2012/08/07/cb-seen-keeping-rates-steady-reuters-poll/

aj · 13 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 8:49 am

aj

Assistant Vice President - Equity Analytics

Posts : 766
Equity Stars : 5439
Reputation : 45
Join date : 2011-11-25

Do you think interest rate is going up or down just because central bank is setting some number? I think that's like using a cork for diarrhea.

gamaya · 14 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 9:53 am

gamaya

Assistant Vice President - Equity Analytics

Posts : 824
Equity Stars : 6768
Reputation : 39
Join date : 2011-01-22

aj wrote:Do you think interest rate is going up or down just because central bank is setting some number? I think that's like using a cork for diarrhea.

well said.

And one time they were saying dollar would stablish at 125

Light of Hope

Light of Hope

Vice President - Equity Analytics

Posts : 1014
Equity Stars : 5892
Reputation : 59
Join date : 2011-04-04

gamaya wrote:

aj wrote:Do you think interest rate is going up or down just because central bank is setting some number? I think that's like using a cork for diarrhea.

well said.

And one time they were saying dollar would stablish at 125

All these statements have political millage, I don't buy them.

wiki

wiki

Assistant Vice President - Equity Analytics

Posts : 687
Equity Stars : 5703
Reputation : 41
Join date : 2011-02-03
Location : Colombo

aj wrote:Do you think interest rate is going up or down just because central bank is setting some number? I think that's like using a cork for diarrhea.

CB policy rate is one factor.

Roboticfx

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7911
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Now it is 50% 50%. May go up or stable. It will be depended on the future policies to be followed.

econ · 18 Re: Can you expect further increase in interest rate Wed Aug 08, 2012 4:12 pm

econ

Global Moderator

Posts : 1479
Equity Stars : 8425
Reputation : 94
Join date : 2011-01-27

Redbulls wrote:

hariesha wrote:

econ wrote:I am expecting futher increase of interest rate and eventually collapsing several small scale finance companies.

Why moderators make this kind of irresponsible and absurd comments! Moderators should make an example to others.

Rates can go either way depending on economic conditions. But our finance companies have operated in much higher rate scenarios and they did well. All the failed companies in the past got failed due to miss-management not due to interest rates. I never heard any ware in the world finance companies are failing due to interest rate fluctuations.

My belief is we will have a relax-monetary policy announcement very soon, may be even tomorrow or maximum within next two months. Inflation what we see now is clearly not demand driven, but due to other factors.

I couldn't see anything wrong on Econ's comment.
High interest rate usually ballon the finance companies customer deposit sector,Which may lead to mis management.

Exactly that is what I want to say implicitly. since last month many agents from finance companies came to my home to promote thier fixed deposit scheme. I also remember same thing happens in 2007-2008..

Sponsored content

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

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

Latest topics

Can you expect further increase in interest rate

1 Can you expect further increase in interest rate Mon Aug 06, 2012 4:25 pm

summa

2 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 6:58 pm

econ

3 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 8:15 pm

worthiness

4 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 8:45 pm

Redbulls

5 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 8:58 pm

2011_NewComer

6 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 9:19 pm

wiki

7 Re: Can you expect further increase in interest rate Mon Aug 06, 2012 9:28 pm

2011_NewComer

8 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 12:04 am

hariesha

9 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 4:00 am

Redbulls

10 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 4:18 am

Slstock

11 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 4:20 am

Slstock

12 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 8:18 am

wiki

13 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 8:49 am

aj

14 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 9:53 am

gamaya

15 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 10:23 am

Light of Hope

16 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 10:25 am

wiki

17 Re: Can you expect further increase in interest rate Tue Aug 07, 2012 12:08 pm

Roboticfx

18 Re: Can you expect further increase in interest rate Wed Aug 08, 2012 4:12 pm

econ

19 Re: Can you expect further increase in interest rate

Sponsored content

New topics