There was a bearded guy yesterday, who wanted to go into the Presidential Secretariat and take over the Presidential Chair to govern the country.. what a tragicomedy. I thought he should be at an asylum.
One reason for foreign exchange depletion in Sri Lanka is the capital outflow from the country. I know people who talk of sensible economic management do otherwise when it comes to their actions. There are many who send millions of rupees out of the country by illegal means to their children...
The three-month deposit with cumulative interest will get 114,750.00 if you have it for a year. That is AER of 14.75 but you deposited 14% for 3 months renewed every quarter with accumulated interest.