Reply to thread

Message: <blockquote data-quote="piyals" data-source="post: 28225782" data-attributes="member: 240058">Interesting question. A very simple comparison of LKD FD vs USD FD for one year based on your info is given below:[ATTACH=full]185939[/ATTACH]Assumptions: - You are in SL and spending in LKR - You are subject to same inflationary impact in both cases- No WHT for USD FD interest (as it is the case now)As you see can see, if you want to achieve the same LKR balance after one year, USDLKR exchange rate must have become Rs.411 after one year. If the ex rate stays less than 411 after one year, you are better off having LKR FD.</blockquote>

Top Bottom