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Message: <blockquote data-quote="me2cool" data-source="post: 27409606" data-attributes="member: 396331">Say your current salary is 300K. Assume the current exchange rate is 200 LKR/USD (Central Bank Rate is what matters). Then they peg your salary to a USD value internally. In this example , your salary will be pegged to 1500 USD (300K/200).When it comes to the salary next month, they will check the CBSL exchange rate, and assign a LKR value to your salary. (if exchange is 210, you will get 1500*210=315K)In the case of a LKR appreciation, they probably have an agreement to pay 300K regardless (this is just an assumption).Also, I think opting for USD pegged salary isn't mandatory. I read this is an optional benefit given to employees who believe LKR will depreciate.</blockquote>

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