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FINANCIAL CHRONICLE™ » ECONOMIC CHRONICLE™ » Sri Lanka Rupee Exchange Rates

Sri Lanka Rupee Exchange Rates

+15
hasitha@CSE
Arrowrisk
Junior investor
naveen
NANDANA2012
Beta1
ColomboCSE
KavinduTM
Hope123
ThilinaM
Teller
samaritan
ranferdi
Yahapalanaya
ruwan326
19 posters

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41Sri Lanka Rupee Exchange Rates - Page 3 Empty Usd savings Thu Feb 27, 2020 2:04 pm

naveen


Equity Analytic
Equity Analytic

Is it a good idea to save money as USD?

42Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:06 pm

KavinduTM


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

@naveen wrote:Is it a good idea to save money as USD?

Yes. It good to invest in USD before 5 years. Not now.
Sooner it will be good to save money as LKR.



Last edited by KavinduTM on Thu Feb 27, 2020 2:07 pm; edited 1 time in total

43Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:07 pm

Teller


Moderator
Moderator

Save land as money. 🤣🤣🤣🤣🤣hahhhaahaa gold jumped to 95,000 rupees

44Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:08 pm

Junior investor


Manager - Equity Analytics
Manager - Equity Analytics

no. gold is the best option.

45Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:09 pm

Arrowrisk


Manager - Equity Analytics
Manager - Equity Analytics

@KavinduTM wrote:
@naveen wrote:Is it a good idea to save money as USD?

Yes. It good to invest in USD before 5 years. Not now.
Sooner it will be good to save money as LKR.
lol!

46Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:09 pm

Teller

Teller
Moderator
Moderator

This is one of my savings.Sri Lanka Rupee Exchange Rates - Page 3 Img_2014


_________________




Teller said is said..

47Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:10 pm

Teller

Teller
Moderator
Moderator

Next year , i can sell this 1400$


_________________




Teller said is said..

48Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:11 pm

KavinduTM

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

@Arrowrisk wrote:
@KavinduTM wrote:
@naveen wrote:Is it a good idea to save money as USD?

Yes. It good to invest in USD before 5 years. Not now.
Sooner it will be good to save money as LKR.
lol!
Hahah what. Rupee will come down. Now it is 182/=
Watch after 5 years Smile

49Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:13 pm

Teller

Teller
Moderator
Moderator

Colombo land prices increased by 15% with in 6 months


_________________




Teller said is said..

50Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:15 pm

Teller

Teller
Moderator
Moderator

Sri Lanka Rupee Exchange Rates - Page 3 Img_2015


_________________




Teller said is said..

51Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:16 pm

Teller

Teller
Moderator
Moderator

Above 3 ml , 5000$, hahhhaaahgashgaa, 🤣🤣🤣🤑🤑🤑who can buy this...hahhaaa


_________________




Teller said is said..

52Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:24 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

5000 usd mean 1mn bro

53Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:35 pm

Teller

Teller
Moderator
Moderator

Yes, sri Lankan wallapatta has the highest demand


_________________




Teller said is said..

54Sri Lanka Rupee Exchange Rates - Page 3 Empty LKR going down.....! Fri Mar 13, 2020 12:18 pm

hasitha@CSE

hasitha@CSE
Equity Analytic
Equity Analytic

when compare USD/ERU, USD/JPY,...... and many more USD going down. Why USD/LKR? they also facing this problem than us.

55Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 2:15 pm

Quibit


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

US$:LKR 1:200 Soon

56Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 2:58 pm

Teller

Teller
Moderator
Moderator

I predicted this to happen early january. This purely sign of sri lanka economic crisis, i mean debt.


_________________




Teller said is said..

57Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 3:18 pm

Intrinsicvalue


Equity Analytic
Equity Analytic

Sri Lanka Rupee Exchange Rates - Page 3 13th_m14
worst is yet to come.. now its 1 USD=  Rs.183.91
dont know how it is gonna endup in the end of this year..

58Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 3:42 pm

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics

Which means foreigners will sell on Monday Too. Do anybody know how much foreigners own the equity in CSE?

59Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Sat Mar 14, 2020 7:27 am

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

USD at all time high 184. Foreigners keep loosing money regardless it is down or up. Can expect high selling from them. Also most of the global markets are very attractive. They will move their founds else where

60Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Sat Mar 14, 2020 12:07 pm

Arrowrisk

Arrowrisk
Manager - Equity Analytics
Manager - Equity Analytics

@Quibit wrote:US$:LKR 1:200 Soon
I will becomes reality next week. How SL going to settle the debt ????

61Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Sun Mar 15, 2020 1:43 am

Teller

Teller
Moderator
Moderator

Today was the lowest in life time. Very sad..


_________________




Teller said is said..

62Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Sun Mar 29, 2020 10:45 am

Quibit


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

Sri Lanka Rupee Exchange Rates - Page 3 Screen90

https://www.cbsl.gov.lk/en/rates-and-indicators/exchange-rates

63Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Wed May 06, 2020 6:25 pm

Quibit


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

Sri Lanka rupee strengthens in one week forwards against US dollar, spot seen
Wednesday May 6, 2020 15:30:51

ECONOMYNEXT – Sri Lanka’s rupee strengthened to 187.50/188.00 to the US dollar on Thursday from around 189.00/189.50 to the US dollar in the one week forward market, while some spot trades were also seen dealers said.

One week’s were quoted as strong as 186.15/60 to the US dollar in intra-day trade, before weakening towards close, dealers said.

Sri Lanka’s economic activity and consumption has declined in amid Coronavirus curfews.

Sri Lanka’s central bank printed large volumes of money and did not initially intervene as excess liquidity pressured the rupee and importers tried to cover their bills hurriedly.

Any pegged central bank that prints money (injects liquidity with the acquisition of domestic assets) would pressure the peg, even if private credit is weak.

Sri Lanka’s economy had become highly vulnerable to monetary instability after the central bank started to target a call money rate with excess liquidity, losing all control of the monetary base, analysts have pointed out.

The loss of control of the monetary base coupled with a so-called ‘disorderly market conditions (DMC)’ where interventions are delayed until market participants are in full panic and the credibility of the peg is lost.

Restoring the credibility of the peg requires consumption collapses and output shocks.

Unless the rupee is allowed to appreciate as consumption and credit collapses, stagflation as well expansions of the national debt, chronically higher interest rates will result.

The central bank in the past has been quick to stop the appreciation of the rupee, as consumption collapses after currency collapse.

Banks which are short borrowed 20.3 billion rupee from the central bank’s overnight widow at 7.0 percent though excess banks deposited 162 billion rupees in the central bank, indicating counter party risks.

64Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Wed May 06, 2020 6:35 pm

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics

Sri Lanka Rupee Exchange Rates - Page 3 Rankin10

65Sri Lanka Rupee Exchange Rates - Page 3 Empty Re: Sri Lanka Rupee Exchange Rates Tue Nov 03, 2020 4:26 pm

Quibit


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

Sri Lanka Rupee Exchange Rates - Page 3 Scree112

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