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Can there be another Covid-19 wave in Sri Lanka?

ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Vote_lcap68%ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Vote_rcap 68% [ 178 ]
ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Vote_lcap18%ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Vote_rcap 18% [ 47 ]
ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Vote_lcap13%ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Vote_rcap 13% [ 35 ]

Total Votes : 260

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී

ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී

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Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Kohomadha Yahapalana wada Shocked Shocked

samaritan


Moderator
Moderator

@Eugine Fernando wrote:Kohomadha Yahapalana wada :shock: :shock:
ENJOY!
https://www.youtube.com/watch?v=7oWyHK79Z8Q


_________________




The biggest risk in life is not taking any risk at all.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Domestically it is the result of mismanagement of fiscal policies. But external impacts cannot be challenged by a tiny island like Sri Lanka. Comments should be impartial.

EquityChamp

EquityChamp
Moderator
Moderator

Time to time we saw huge jumps in the exchange rate. It is not only now or can't limit it to a regime. Refer the attached LKR/USD trend and forecast for 2017. This is not surprising given the growing strength of US Economy.ඉතිහාසයේ පළමුවරට ඩොලරය රු.152ට නගී Lkr_us10

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

It is expected that export revenue & other revenue sources would be higher in 2017. More external facilities, investments together with import control would keep the $ rate under checking. But small economies like ours would face difficulties in monitoring rates if FED goes with several rate hike. This situation is not limited to ours & most of other Asian nations have to absorb the currency depreciation.

EquityChamp

EquityChamp
Moderator
Moderator

FED has already indicated that rates will be raised 3 times in 2017.

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