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CHRONICLEwrote:
Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.
The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.
When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.
#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy
CHRONICLEwrote:
Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.
The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.
When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.
#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy
EPS wrote:If they know the CSE Market cap worth more than the 4.5 Trillion, why they late to take this action ?
Anyhow many small investors totally vanished by now.
Now market cap 3 Trn.
Guess, another 50% will up , now onwards without any interruption![]()
![]()
Karthick wrote:Requested
[size=23]@CSE_Media[/size]
to allow broker [size=23]#credit[/size] based on total portfolio & not force-sell individual [size=23]#stocks[/size]: will also soon discuss this matter with [size=23]#Banks[/size] & other lenders to arrive at a suitable solution. [size=23]#lka[/size] [size=23]#SriLanka[/size] [size=23]#corporates[/size] [size=23]#capitalmarket[/size] [size=23]#Investments[/size]
OFFICAIL TWITT BY Minster.CABRAL
https://twitter.com/an_cabraal/status/1367677953417437187
Mr. X wrote:shihan 93 wrote:Just for new comers:
The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.
[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today
So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain
Covid is already there with us from the beginning and it has become part of us. Since the testings are heavy these days, they identified more people. So there is nothing to be panic or get shock. live your life as past 3 months.. but follow the safety precautions to control the spread until vaccine comes.
be wise and trade with confident.
shihan 93 wrote:Just for new comers:
The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.
[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today
So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain
RJ1010 wrote:shihan 93 wrote:Just for new comers:
The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.
[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
No community spread... the catch word these days![]()
God bless our health minister
shihan 93 wrote:Just for new comers:
The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.
[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
shihan 93 wrote:Just for new comers:
The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.
[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today
So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain
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roshan1039 wrote:ChooBoy wrote:CORONA CURFEW - Coming So
Spreading disinformation, subject to legal action
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