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samaritan wrote:If you see the trend, HNWI are collecting while foreigners are selling. Political & economic stability are prerequisites to attract investments.Kipling wrote:Samaritan
So your view is strong bull on road to break all time high still on track. Correct?
How soon do you expect positive & bold reforms/ decisions from GR administration.
Political stability is already in place but the economic issues which worsened with covid has to be addressed. So, far the govt has been successful with the measures taken to keep the rupee stable. But in the future it will be necessary to obtain foreign assistance via agreements and other arrangements to uplift the economy.
Before year end you will see a totally different picture. I am optimistic!
Agree with you on this. Issue is with high liquidity makes high inflation which leads foreign governments rethinking their lending policy or offer higher interest rates when lending money. Hope they will have a solution for that in future. If done right, SL is in a better path.
. Not a bad combination.
