Sri Lanka, Spain, Singapore and Saudi Arabia Country Risk Report Q4 2015 New Report Now Available from MarketResearchReports.com
The Sri Lankan rupee depreciated 2.0% in H115, and we expect the currency to weaken further against the US dollar over the coming quarters, to LKR135.00/USD and LKR138.00/USD by end-2015 and 2016, respectively. However, strong tourism earnings growth and a positive real interest rate environment will likely provide some support for the rupee.
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