Danushka Samarasinghe

We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Danushka Samarasinghe is associated, including market and rate. Most recently, Danushka Samarasinghe has been quoted saying: “Primary focus will be on our budget. It will take a few weeks for global markets to settle and during that period there could be volatility in our markets also, a trickle down effect of the global funds.” in the article Sri Lankan shares hit more than 1-wk closing low ahead of budget. An other article where Danushka Samarasinghe has been quoted is Sri Lankan shares up; rate hike boosts sentiment on economy.

Danushka Samarasinghe quotes

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There is nothing much to see in the budget. It has failed to give the expected boost to the market.

Primary focus will be on our budget. It will take a few weeks for global markets to settle and during that period there could be volatility in our markets also, a trickle down effect of the global funds.

The indication given by the hike is that the rates will stay at these levels and will not come down, and the positive factor is that the inflation will be in check.

The margin between the deposit and lending rate is expected to increase after the rate hike. That means banks will have higher profit margins in this quarter.

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