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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

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Sri Lanka says small nations face chaos from financial and natural turmoil EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

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Sri Lanka says small nations face chaos from financial and natural turmoil EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sri Lanka says small nations face chaos from financial and natural turmoil EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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3 posters

    Sri Lanka says small nations face chaos from financial and natural turmoil

    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 45

    Sri Lanka says small nations face chaos from financial and natural turmoil Empty Sri Lanka says small nations face chaos from financial and natural turmoil

    Post by The Invisible Fri Oct 12, 2018 5:47 am

    ECONOMYNEXT - Small nations are facing economic chaos from financial turmoil on top of natural disasters Sri Lanka's finance minister Mangala Samaraweera had told a Commonwealth forum.

    "Vulnerability must be looked at not only from a trade and commerce point of view but must take into account financial risk as well," Samaraweera had told a Commonwealth Forum.

    "In an era where currencies and interest rates are volatile, mainly due to the unpredictability of external factors such as …the consequential effects of spiraling energy costs, natural disasters may push smaller nations towards uncontrollable economic chaos.

    "Sri Lanka welcomes these series of initiatives of the Commonwealth that aims to enhance national capacities to reduce disaster risk."

    Sri Lanka has a soft-pegged currency where two anchors are targeted, leading to frequent balance of payments trouble whenever credit growth picks up.

    In 2018 Sri Lanka has faced two runs on the rupee, amid liquidity spikes and inconsistent policy, analysts have said. (Colombo/Oct11/2018)
    avatar
    malanp


    Posts : 518
    Join date : 2014-03-04

    Sri Lanka says small nations face chaos from financial and natural turmoil Empty Re: Sri Lanka says small nations face chaos from financial and natural turmoil

    Post by malanp Fri Oct 12, 2018 6:20 am

    Denial and blaming others, as usual by our currupt politicians.
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 45

    Sri Lanka says small nations face chaos from financial and natural turmoil Empty Re: Sri Lanka says small nations face chaos from financial and natural turmoil

    Post by The Invisible Fri Oct 12, 2018 6:35 am

    Passing the ball over and over again.
    avatar
    serene
    Top contributor
    Top contributor


    Posts : 4850
    Join date : 2014-02-26

    Sri Lanka says small nations face chaos from financial and natural turmoil Empty Re: Sri Lanka says small nations face chaos from financial and natural turmoil

    Post by serene Fri Oct 12, 2018 7:32 am

    Thanks Invinsible for sharing.
    Ok Mr.Mangala what do you want us to do as general public.

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    Sri Lanka says small nations face chaos from financial and natural turmoil Empty Re: Sri Lanka says small nations face chaos from financial and natural turmoil

    Post by Sponsored content


      Current date/time is Sat Nov 16, 2024 2:12 pm