So with all your knowledge and understanding can you give an idea of what would happen?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.
Komat 300 wate karakenone . Godak wadiwennet n aduwennet naSurely will go down but CBSL will hold it in place and not let it fluctuate
Hmmmm 307 allagena dan sathiyak wenawa under controling, nondi laal kamba dagena allagena wage lolKomat 300 wate karakenone . Godak wadiwennet n aduwennet na
@cuteozMethana 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.
hmm... when usd convrted to lkr , usd supply will increase ???? puzzled300 pahalata eyi
@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 inflation300 pahalata eyi
@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.