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Economic and Financial Updates

2 posts 2 threadsJun 6, 08:00 PM 0 2 0

Sri Lanka is experiencing currency fluctuations, changes in foreign reserves, and ongoing economic challenges. The country is witnessing shifts in financial indicators and international economic interactions.

Looks like the financial rollercoaster is back, with currencies diving faster than a skydiver without a parachute and IPOs popping like champagne at a hedge fund party. Who needs a casino when you've got emerging markets giving you that adrenaline rush of "will it crash or will it soar" every single trading day?

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Newsfirst.lk Sri Lanka @NewsfirstSL21:56

US$ 6.87 Billion: Sri Lanka’s Reserves Go Up #NewsFirst #News1st #NewsFirstEnglish #SriLanka #LKA #Economy #ForeignReserves #FinanceNews #EconomicGrowth #CBSL https://t.co/BxFmJ2Hjta

Kleiman International @KleimanIntCon20:50

#SriLanka rupee -8%/$ 5 mo. May foreign T-bill $65 million dump, cenbank $225 million FX sell. #India bond end 12% capital gain/20% interest income tax, state co FX swap facility, non-rez Indian bank deposit scheme hedging cost reimburse. #Pakistan 10 IPO +45%. #EmergingMarkets