Sri Lanka Rupee Exchange Rates

naveen · 41 Usd savings Thu Feb 27, 2020 2:04 pm

naveen

Equity Analytic

Posts : 39
Join date : 2011-07-10

Is it a good idea to save money as USD?

KavinduTM · 42 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:06 pm

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1503
Join date : 2019-11-27

@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

Teller · 43 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:07 pm

Teller

Moderator

Posts : 5640
Join date : 2013-06-25

Save land as money.

hahhhaahaa gold jumped to 95,000 rupees

Junior investor · 44 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:08 pm

Junior investor

Manager - Equity Analytics

Posts : 289
Join date : 2020-01-14

no. gold is the best option.

Arrowrisk · 45 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:09 pm

Arrowrisk

Manager - Equity Analytics

Posts : 192
Join date : 2017-05-12

@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.

Teller · 46 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:09 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

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

Teller · 47 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:10 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Next year , i can sell this 1400$

KavinduTM · 48 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:11 pm

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1503
Equity Stars : 2133
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@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.

Hahah what. Rupee will come down. Now it is 182/=
Watch after 5 years Smile

Teller · 49 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:13 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Colombo land prices increased by 15% with in 6 months

Teller · 50 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:15 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Sri Lanka Rupee Exchange Rates - Page 3 Img_2015

Teller · 51 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:16 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Above 3 ml , 5000$, hahhhaaahgashgaa,

who can buy this...hahhaaa

ThilinaM · 52 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:24 pm

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 2061
Reputation : 27
Join date : 2019-06-20
Location : colombo

5000 usd mean 1mn bro

Teller · 53 Re: Sri Lanka Rupee Exchange Rates Thu Feb 27, 2020 2:35 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Yes, sri Lankan wallapatta has the highest demand

hasitha@CSE · 54 LKR going down.....! Fri Mar 13, 2020 12:18 pm

hasitha@CSE

Equity Analytic

Posts : 37
Equity Stars : 1082
Reputation : 2
Join date : 2018-05-25

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

Quibit · 55 Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 2:15 pm

Quibit

Senior Vice President - Equity Analytics

Posts : 2633
Equity Stars : 10061
Reputation : 379
Join date : 2010-05-08

US$:LKR 1:200 Soon

Teller · 56 Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 2:58 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

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

Intrinsicvalue · 57 Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 3:18 pm

Intrinsicvalue

Equity Analytic

Posts : 46
Equity Stars : 503
Reputation : 0
Join date : 2019-12-12

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..

kasun_gimhana · 58 Re: Sri Lanka Rupee Exchange Rates Fri Mar 13, 2020 3:42 pm

kasun_gimhana

Manager - Equity Analytics

Posts : 218
Equity Stars : 716
Reputation : 6
Join date : 2019-11-04

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

bhanu · 59 Re: Sri Lanka Rupee Exchange Rates Sat Mar 14, 2020 7:27 am

bhanu

Manager - Equity Analytics

Posts : 215
Equity Stars : 3061
Reputation : 13
Join date : 2013-06-12

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

Arrowrisk · 60 Re: Sri Lanka Rupee Exchange Rates Sat Mar 14, 2020 12:07 pm

Arrowrisk

Manager - Equity Analytics

Posts : 192
Equity Stars : 1605
Reputation : 9
Join date : 2017-05-12

@Quibit wrote:US$:LKR 1:200 Soon

I will becomes reality next week. How SL going to settle the debt ????

Teller · 61 Re: Sri Lanka Rupee Exchange Rates Sun Mar 15, 2020 1:43 am

Teller

Moderator

Posts : 5640
Equity Stars : 15969
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

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

Quibit · 62 Re: Sri Lanka Rupee Exchange Rates Sun Mar 29, 2020 10:45 am

Quibit

Senior Vice President - Equity Analytics

Posts : 2633
Equity Stars : 10061
Reputation : 379
Join date : 2010-05-08

Sri Lanka Rupee Exchange Rates - Page 3 Screen90

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

Quibit · 63 Re: Sri Lanka Rupee Exchange Rates Wed May 06, 2020 6:25 pm

Quibit

Senior Vice President - Equity Analytics

Posts : 2633
Equity Stars : 10061
Reputation : 379
Join date : 2010-05-08

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.

kasun_gimhana · 64 Re: Sri Lanka Rupee Exchange Rates Wed May 06, 2020 6:35 pm

kasun_gimhana

Manager - Equity Analytics

Posts : 218
Equity Stars : 716
Reputation : 6
Join date : 2019-11-04

Sri Lanka Rupee Exchange Rates - Page 3 Rankin10

Quibit · 65 Re: Sri Lanka Rupee Exchange Rates Tue Nov 03, 2020 4:26 pm

Quibit

Senior Vice President - Equity Analytics

Posts : 2633
Equity Stars : 10061
Reputation : 379
Join date : 2010-05-08

Sri Lanka Rupee Exchange Rates - Page 3 Scree112

Sponsored content

Latest topics

Sri Lanka Rupee Exchange Rates

41 Usd savings Thu Feb 27, 2020 2:04 pm

naveen

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

KavinduTM

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

Teller

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

Junior investor

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

Arrowrisk

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

Teller

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

Teller

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

KavinduTM

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

Teller

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

Teller

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

Teller

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

ThilinaM

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

Teller

54 LKR going down.....! Fri Mar 13, 2020 12:18 pm

hasitha@CSE

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

Quibit

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

Teller

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

Intrinsicvalue

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

kasun_gimhana

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

bhanu

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

Arrowrisk

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

Teller

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

Quibit

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

Quibit

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

kasun_gimhana

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

Quibit

66 Re: Sri Lanka Rupee Exchange Rates

Sponsored content