It’s easy to forget what’s real and what’s not, say experts
long reads3 hours ago
The Sri Lankan rupee was trading at 153.00 against the US dollar on January 1, 2018, and dropped to 160.00 in H1 of 2018. It lost 4.5 per cent of its value against the UAE dirham by falling from 41.65 to 43.56 during the period.
The Lankan rupee is on a free fall against the US dollar because of the country's poor economic conditions mainly due to reduced earnings and increasing external debt.
Another five per cent depreciation is expected during H2 of 2018 if there is no improvement on the economic front.
It’s easy to forget what’s real and what’s not, say experts
long reads3 hours ago
Entry is free to the festival in Mleiha and the event runs until February 27
uae4 hours ago
The 45-year-old Pakistani expat, who arrived in the country in 2000, had lost his job in 2022
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Victims have reported charges ranging up to Dh11,000, with scammers vanishing or blocking victims afterwards
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