Despite Record Low SL Rupee Is Performing Better Against USD Than Other

[monson]

Despite Record Low Sri Lankan Rupee Is Performing Better Against US Dollar Than Other Global Currencies [COMPARISON]

Although the Sri Lankan rupee hit a record low yesterday, the latest comparisons reveal that the depreciation of the Sri Lankan currency against the dollar is relatively low when compared to currencies in the region and in other key global markets.

The Dollar Index Spot indicates that the US dollar has strengthened this year as Federal reserve goes through a rate hiking cycle this year.

The Sri Lankan rupee, for the first time in its history, hit a low of Rs. 160 against the US Dollar yesterday.

During the period between January and June 2018, the depreciation of the Sri Lankan rupee stood at 3.51%, whereas Singapore, a country that performed relatively better against strengthening of the US dollar, recorded a 2.51% depreciation in its currency.

The depreciation of the Indian rupee, the Pakistani rupee, the Turkish Lira, Philippines Peso, Euro and UK Sterling pound is higher that that of the Sri Lankan rupee.

- http://www.asianmirror.lk/news/item...ollar-than-other-global-currencies-comparison

 

[Indika Buddika]

 

[foundation one]

Hari ban ma dawaswala oya cryptocurrency walata invest karana eke LKR walata invest karaan

 

[monson]

Not just (Indian)rupee, other Asian currencies are also tumbling against dollar

US trade and economic policies are making Asian currencies weak against the greenback.

As US President Donald Trump announced a fresh round of tariffs to be imposed on Chinese goods worth $ 200 billion yesterday, the rupee went down by 1.1 per cent and closed below the 72-mark against the dollar. The rupee was trading at 72.40 to the dollar, compared with Monday's close of 72.51 during the early session on Tuesday.

The value of the Indian rupee has also come down by nearly 12 per cent since the beginning of this year. However, compared to December 2017, IMF spokesperson Gerry Rice estimates that the real effective depreciation in the value of rupee is between 6-7 per cent.

But it is not just the value of rupee that has been falling against the dollar.

South Korean won

South Korean won lost 1.07 per cent on Monday. The won was quoted at 1,128.3 per dollar, 0.15 per cent weaker than its previous close at 1,126.6. Korea’s won and India’s rupee were both sharply weaker first thing Monday.

Indonesian rupiah

The rupiah declined by 0.5 per cent. The currency has lost 9 per cent so far this year and is the second worst performing currency in the region.


Japanese yen

The Japanese yen has touched its lowest value against the dollar since mid-July at 112.16. The yen had touched 112.86 during mid July.

The Japanese currency stood at around 105 against the dollar around the end of March 2018.

Chinese yuan

The Chinese Yuan weakened by 45 basis points (100 basis points = 1 per cent) to 6.8554 against the dollar on Tuesday, Xinhua News Agency reported.

(With inputs from Reuters and PTI)

- https://www.indiatoday.in/business/...so-tumbling-against-dollar-1342755-2018-09-18

 

[sanford]

2015 - 1 USD => 131LKR

2018 - 1 USD => 166LKR (still increasing)

166-131=35

35/131%=> 26%

2015 wada 26% kin rupiyala baldu wela

naya bara 26% wadiwenawa

 

[Max_r]

 

[Opinion]

katada puluwan me prashneta pilithurak denna ?

lokey thiyena wenath currencies dollar ekata sapekshawa adu wadi wenawa. ai ape rupiyala witharak watunu walen aai goda enne naththe ? rupilaya watunoth watunamai. ai ehema wenne ? rupiyala strong wena eka bohoma kalathurakin dakinnata labena durlaba siddiyak

 

[මරුසිරා]

 

[gnome]

katada puluwan me prashneta pilithurak denna ?

lokey thiyena wenath currencies dollar ekata sapekshawa adu wadi wenawa. ai ape rupiyala witharak watunu walen aai goda enne naththe ? rupilaya watunoth watunamai. ai ehema wenne ? rupiyala strong wena eka bohoma kalathurakin dakinnata labena durlaba siddiyak

import wadi export walata wada

 

[thinking_guy]

Despite Record Low Sri Lankan Rupee Is Performing Better Against US Dollar Than Other Global Currencies [COMPARISON]
....

තොගේ මහ එවුන් දෙන්නට පින්සිද්ද වෙන්න දැන් හාල් ඇටේ ඉඳන් රටින් ගෙන්නන්න වෙලා තියෙන්නෙ.
ලංකාවෙ ආර්ථිකේ වෙන රටවල් එක්ක සංසන්දනය කරන්න එපා. පාරෙ රෙන ඉන්දියන් උන් උනත් CT100
එකේ ඉඳන් සැටලයිට් එක වෙනකන් උන්ගෙ රටේම හදාගන්නව. උන්ට ඒක නිසා මේක තේරෙන්නෙ නෑ.

 

[pga]

 

[AussieKolla]

monsoono uba ara sanwardana thread eke Rosy ge kakkusiye photo daanakan man thama balan innawa....

 

[Miami-Vice]

 

[monson]

BIG FOCUS Today▸▸▸ ☛රුපියල තවත් පහල වැටෙයිද?
https://www.facebook.com/AdaDeranaNewsLive/videos/1982723881749475/

 

[lasa_dal]

 

[Indika Buddika]

bmp

 

[War Fighter]

What you fucking dumbass dont mention here is that other countries like India is self sufficient specially in daily essentials, Singaporeans have a huge purchasing power. Hence citizens in those countries are not severely affected by the depreciation of their currencies.

But our country is different. This is a pathetic country that always seeks a blowjob from ships that come to our ports with daily essentials.

 

[541100]

අපේ රුපියල හැමදාම බාල්දු තමයි උනේ. මොන කතා කිව්වත් රුපියල කියන්න තරම් ලොකු වර්ධනයක් කිසිම දවසක මම නම් අහලත් නෑ දැකලත් නෑ. මේ යන ආර්ථික රටාවේ අපිට ඕක ඉස්සරහට වෙනස වෙයි කියලත් හිතන්න අමාරුයි. අපේ රටේ නිෂ්පාදන, විදේශ විනිමය වගේ දේවල් වැඩිදියුණු වෙන්න වැඩ ආණ්ඩු පැත්තෙන් ලොකුවට කරලත් නැහැ වගේ. රටේ ඉන්න මිනිස්සු කොහොමාහරි හම්බ කරන හින්දා මේ තරමෙන් හරි මේ රට පවතින්නේ. මිනිස්සු වැඩ නොකර ඇරියොත් හොම්බෙන් තමයි යන්න වෙන්නේ. ලංකාවේ ජනතාවට ජයවේවා