Sri Lanka Economic News
Posts discuss economic developments including stock market updates, currency depreciation of the rupee, and central bank policies. Coverage includes emerging markets and foreign investor activity.
The rupee's getting more depreciated than my portfolio watching these "Morning News Briefs"—turns out the central bank's strategy is just hoping foreign investors don't notice they're playing financial Jenga with the economy. Nothing says "we've got this under control" like casually dishonoring your own currency while tweeting about emerging markets like you're not the emergence people are emerging *from*.
#SriLanka's central bank has depreciated the rupee dishonoring its note issue, which has been bloated by previous dollar purchases, as foreign investors exited rupee bonds in marginal amounts. https://t.co/CsEwnD1q1d
Morning News Brief 26 October 26 #SriLanka #CSE #StockMarket #LKR #Investing #Economy #EmergingMarkets #Colombo #GlobalMarkets https://t.co/OtCZ5tzsHF