2
votes
SL rupee weak - Gulf savings worth da now?
FinanceSL eke rupee 300+ per dollar. Gulf savings send karanna now worth da? Or wait better rate? FD SL vs keep Gulf?
5 Answers
13
SL bank FD rate 9-11% now. AED savings earn almost nothing. SL FD better ROI.
12
Rate prediction nobody know. Regular monthly send (rupee cost averaging) best strategy.
12
US dollar savings account Gulf open karanna also option. Hedge against LKR risk.
2
Diversify - some SL FD, some Gulf savings, some property. Don't put all one basket.
0
LKR depreciation ongoing risk. Send now and invest in SL FD or property better than waiting.
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