Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Stocks don’t go up and stay up because of stories, tips, or people’s opinions
by asokasamarakone Yesterday at 8:29 pm

» #PM Crisis#
by Ryan Hudson Yesterday at 2:18 pm

» FINANCIAL INSTITUTIONS IMPAIRMENT COST
by Yahapalanaya Sat Dec 08, 2018 11:10 pm

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by Ryan Hudson Sat Dec 08, 2018 6:50 pm

» MONTH PEACE & HAPPINESS
by Ryan Hudson Sat Dec 08, 2018 6:40 pm

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by ruwan326 Fri Dec 07, 2018 11:11 pm

» JINS NO DEAL YET - BFN IS ON AND POSITIVE -CHECK THE COMPNAY ANNOUNCEMENT CAREFULLY - NO NOTHING ABOUT BFN
by kalu351 Fri Dec 07, 2018 10:03 pm

» Will ALHP be eliminated from the CSE?
by wisdom79 Fri Dec 07, 2018 8:41 pm

» Is TKYO.N0000 a Sleeping Giant
by aklt Fri Dec 07, 2018 7:52 pm

» FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS
by Equity Suda Fri Dec 07, 2018 12:57 pm

» Market will RISE expecting a MR Led new government
by samaritan Fri Dec 07, 2018 8:43 am

» ##FUN TOONS###
by ruwan326 Fri Dec 07, 2018 8:21 am

» CROSSINGS TODAY
by ruwan326 Fri Dec 07, 2018 8:04 am

» FOREIGN NEWS
by ruwan326 Fri Dec 07, 2018 8:03 am

» Daily Foreign Transactions
by ruwan326 Fri Dec 07, 2018 8:02 am

» PLAYERS PICK OF THE DAY
by ruwan326 Fri Dec 07, 2018 7:39 am

» JINS – LIFE FOR SALE – ALONG WITH BFN - BUY BUY BUY
by kalu351 Thu Dec 06, 2018 2:49 pm

» JINS – DON’T BUY BEYOND 30 – DEAL IS AT 30 BFN - BUY BELOW 22 – DEAL IS AT 25
by kalu351 Thu Dec 06, 2018 2:47 pm

» EQUVITY BROKERS AND BARTLEETS COLLECTING BFN -DONT SELL
by kalu351 Thu Dec 06, 2018 2:45 pm

» BFN DONT SELL EVEN AYT 17 COLLECT NOW - PRICE IS 25
by ruwan326 Thu Dec 06, 2018 8:13 am

» JINS – LIFE FOR SALE – ALONG WITH BFN
by ruwan326 Thu Dec 06, 2018 7:54 am

» how about mgt
by sanjulanka Thu Dec 06, 2018 6:52 am

» PRICES BFN – NOW 15.30 / JINS 26.60 /LOFC 3.6 / UBC 11 BUY BUY BUY
by sanjulanka Wed Dec 05, 2018 11:54 pm

» JINS JINS JINS - UP UP UP NOW 23.50 - NEXT IS BFN BFN
by sanjulanka Wed Dec 05, 2018 11:52 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by thankrishan Wed Dec 05, 2018 10:46 am

» Financial Reports Q-3 2018
by ruwan326 Wed Dec 05, 2018 9:14 am

» CSE THIS WEEK
by samaritan Wed Dec 05, 2018 9:12 am

» Business Sentiment – Index Shores Up Despite Turmoil
by ruwan326 Wed Dec 05, 2018 7:57 am

» PRICES BFN – NOW 15.30 / JINS 26.60 /LOFC 3.6 / UBC 11 BUY BUY BUY
by nirowat Tue Dec 04, 2018 7:55 pm

» INSURANCE companies artifically high
by nosf766 Tue Dec 04, 2018 2:29 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » DOLLAR MOVING UP UP

DOLLAR MOVING UP UP

Go down  Message [Page 1 of 1]

1 DOLLAR MOVING UP UP on Fri Sep 21, 2018 3:45 pm

Ahcha

avatar
Equity Analytic
Equity Analytic
Dollar appreciate Rupee decreasing Export companies good. New comer foreigners okay old foreigners holding shares loss ASI may go down to 5500 soon?

2 Re: DOLLAR MOVING UP UP on Fri Sep 21, 2018 3:51 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Ahcha wrote:Dollar appreciate Rupee decreasing Export companies good. New comer foreigners okay old foreigners holding shares loss ASI may go down to 5500 soon?
How about the export companies with significant import value additions??? The margins shrink and company closes down. Bohoth Achcha nahi

ASI will witness a free fall under gravity!

3 Re: DOLLAR MOVING UP UP on Fri Sep 21, 2018 5:56 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics
@samaritan wrote:
@Ahcha wrote:Dollar appreciate Rupee decreasing Export companies good. New comer foreigners okay old foreigners holding shares loss ASI may go down to 5500 soon?
How about the export companies with significant import value additions??? The margins shrink and company closes down. Bohoth Achcha nahi

ASI will witness a free fall under gravity!
Exporter may be paid in Sri Lankan rupees. Thats the only possibility to shrink the profit

4 Re: DOLLAR MOVING UP UP on Fri Sep 21, 2018 7:02 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Sri Lanka Rupee fell by over 2201% against US Dollar in a 41 year history from 1977-2018-September 20 2018



Enlarge this image Click to see fullsize

Sri Lanka’s Rupee has fallen by over 2201% against US Dollar in a 41 year history since the economy was opened to the globe in 1977, the analysts notes. Accordingly as at January 1st 1977 US Dollar exchange rate in terms of Sri Lankan Rupees stood at Rs. 7.27 levels whilst as at 19th September 2018 nearly 41 year history US Dollar had appreciated making Sri Lankans pay over Rs. 167.4125 (Central Bank announced Telegraphic Transfer Rate as 19 September 2018) for a US Dollar.

http://bizenglish.adaderana.lk/sri-lanka-rupee-fell-by-over-2201-against-us-dollar-in-a-41-year-history-from-1977-2018/

5 Where we are on Fri Sep 21, 2018 7:47 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Americans-The Pre-Columbian Era is the time before Christopher Columbus went to America in 1492. The history of the United States is what happened in the past in the United States, a country in North AmericaNative Americanshave lived there for thousands of years. English people in 1607 went to the place now called Jamestown, Virginia.


Sri lankans-The earliest human remains found on the island of Sri Lanka date to about 35,000 years ago (Balangoda Man).
The proto-historical period begins roughly in the 3rd century, based on chronicles like the MahavamsaDipavamsa, and the Culavamsa.[1][2][3][4] The earliest documents of settlement in the Island are found in these chronicles.

“The Ceylon rupee traded 1:1 with the Indian rupee at the time of Independence and devalued with sterling and the Indian rupee in September 1949 to Rs.4.76 per United States dollar."


No one going to save you, so don't wait and waste your time for politics.Save your self Wink Wink Wink


Listen to previous regime supporters and Wait till 2020 or invest wisely now Idea

6 Re: DOLLAR MOVING UP UP on Sat Sep 22, 2018 10:30 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The Govt's behaviour as at now is like a unhappy tenant who has been given notice to vacate the house within one year.
will not clean the house, stop watering plants, do some unwanted damage, not even carryout any reasonable maintenance.
If there is a murunga tree, pluck all the drumsticks and leave the leaves only.

7 Re: DOLLAR MOVING UP UP on Tue Sep 25, 2018 3:06 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
There is a talk that some big time property developers had wanted the govt to allow depreciation of the rupee to a predetermined level without any intervention in order to bail them out. Soon after it reaches the comfort zone the CB is expected to get into action. Let's wait & see.

8 Re: DOLLAR MOVING UP UP on Tue Sep 25, 2018 7:20 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@samaritan wrote:There is a talk that some big time property developers had wanted the govt to allow depreciation of the rupee to a predetermined level without any intervention in order to bail them out. Soon after it reaches the comfort zone the CB is expected to get into action. Let's wait & see.

Every Country runs by few wealthy business men and they use politicians/Clergy and media to control people. Wink

I am 100% agreed on your point and till Budget comes out they give a chance to collect everything from retailers + as you mention above bail out.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum