Next week USD?

cuteoz

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  • Jan 29, 2009
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    Methana inna minissu melowa deyak danne nehe, to be honest the market conditions and etc cannot be predicted with exchange rate, it’s very artificial at the moment, the world bank loan is approved to only be used for budgetary concessions and not to prop up reserves, this is not a pure indicator for exchange rate appreciation/depreciation.

    the ones who are commenting stating it’ll go down etc, has probably changed there Fx into Lkr, or has no idea about how mid market, real market scenarios.
     

    CodeMan

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  • Aug 26, 2021
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    Methana inna minissu melowa deyak danne nehe, to be honest the market conditions and etc cannot be predicted with exchange rate, it’s very artificial at the moment, the world bank loan is approved to only be used for budgetary concessions and not to prop up reserves, this is not a pure indicator for exchange rate appreciation/depreciation.

    the ones who are commenting stating it’ll go down etc, has probably changed there Fx into Lkr, or has no idea about how mid market, real market scenarios.
    So with all your knowledge and understanding can you give an idea of what would happen?
     
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    kasunkaru

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  • Jan 25, 2018
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    300ta ewi lokuwata adu wenne naa. habai dan digatama inflows tamai septmber wala imf 2nd intallment hambeine. mee winter season eket monthly touristla 200k paniwi. 300-320 range eke saahena kaalayak tiyewi
     

    Bitter Truth

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  • Dec 19, 2015
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    අඩු උනොත් ආයෙත් ත්‍රෙඩ් දාගෙන හැමිනෙයි අරුන් දෙන්නා.. :lol:
     
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    slsal

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  • Jan 25, 2018
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    Methana inna minissu melowa deyak danne nehe, to be honest the market conditions and etc cannot be predicted with exchange rate, it’s very artificial at the moment, the world bank loan is approved to only be used for budgetary concessions and not to prop up reserves, this is not a pure indicator for exchange rate appreciation/depreciation.

    the ones who are commenting stating it’ll go down etc, has probably changed there Fx into Lkr, or has no idea about how mid market, real market scenarios.
    @cuteoz
    usd can not used in the local market. USD should be converted to lkr before it is used for budgetary concessions. therfore when usd convrted to lkr , usd supply will increase and usd rate goes down.
     

    CodeMan

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  • Aug 26, 2021
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    @cuteoz
    usd can not used in the local market. USD should be converted to lkr before it is used for budgetary concessions. therfore when usd convrted to lkr , usd supply will increase and usd rate goes down.
    hmm... when usd convrted to lkr , usd supply will increase ???? puzzled
     

    jhnnwp

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  • Jan 6, 2012
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    @cuteoz
    usd can not used in the local market. USD should be converted to lkr before it is used for budgetary concessions. therfore when usd convrted to lkr , usd supply will increase and usd rate goes down.
    What if lack of lkr? print local currency will increase inflation