Patrik-Ian Barker-Froyland

COLOMBO, March 8 (Reuters) - Sri Lanka's central bank has devalued the rupee by up to 15%, taking one of several steps analysts said are needed to obtain a International Monetary Fund loan programme that would boost currency reserves and help negotiate debt restructuring.

Late on Monday, the Central Bank of Sri Lanka, with immediate effect, set an exchange rate limit of 230 rupees per dollar compared to a limit of 200-203 that had prevailed since October.

Analysts said the depreciation was likely done to encourage remittances, a major source of foreign exchange in Sri Lanka, which dropped to a 10-year low of $5.49 billion in 2021 as a result of the COVID-19 pandemic.

Sri Lanka's foreign reserves fell to $2.36 billion at the end of January and it is due to repay about $4 billion in debt in the rest of 2022, making it likely that government will seek IMF assistance.

As yet, Sri Lanka has not formally sought talks on an IMF programme, an IMF official said, declining to be named.

"We believe this will support growth and assist us to face external challenges better," Cabinet spokesman and Media Minister Dullas Allahaperuma told reporters on Tuesday. He did not say whether the government would approach the IMF.

"Currency flexibility is something IMF will see as a pre-condition to a program, so it makes future negotiations with them easier," Thilina Panduwawala, Head of Economic Research at Frontier Research said.

"But without clear communication on intention for IMF program and debt restructuring, it does not mean much right now."

Analysts said the devaluation was insufficient by itself, and the government needed to take additional policy steps, including increasing taxes to shore up public revenues and adjusting fuel prices.

"The recent 100 bps hike in key policy rates combined with the exchange rate correction are key stepping stones for the country to move towards an IMF led restructuring program," Asia Securities said in its latest Macro Outlook update.

"Given the relatively unsustainable level of debt as outlined by the IMF during its recent Article IV assessment, we continue to factor a restructuring during the year."

Some analysts said the central bank should have depreciated by more to achieve to boost remittances significantly, and some expected an even bigger devaluation of up to 25% later in the year.

"Hawala" traders, who transfer funds informally between countries without physically moving money, adjusted their rate to 270 rupees per dollar after the CBSL announcement, having previously offered a rate around 255 rupees, market sources said.

Umesh Moramudali, an economist attached to the University of Colombo, said the exchange rate limit should have been set at about 250-260 rupees per dollar to bring in more remittances.

"This move could help exporters but it is too little, too late for migrant workers who are now used to higher curb rates and are unlikely to shift to bank rates," Moramudali said.

CBSL called on the government to incentivise remittances and foreign investments in its latest monetary policy announcement.

In December, CBSL announced a host of measures including giving an additional 10 rupees per dollar as an incentive but this had limited impact with remittances dropping 61.6% in January to $259 million from $675 million a year earlier.

Love is an abstract concept that is hard to define, and we always have the feeling that it doesn't fully define the term.

The truth is that love can be defined through action, which shows that love is subjective. Let's go further.

The family can be seen as the nuclear cell of society and an exchange matrix where central beliefs, structure of meanings, functions, identity, etc. are simmered It is one of the main pillars of people's psychic life.

A posteriori, in the process of individuation -from we are to being individual-, all this accumulation of conceptualizations, some of them translated into original mandates, are embodied in each of its members, who will reproduce -by opposition or adhesion- in other groups, couples or constitutions of other families.

The family will always be the matrix, the scale and the standard of reference in the couple.

They are the ones who give a sense of belonging that is independent.

A couple can be defined as a system made up of two people, with two systems that were made up, in turn, of four systems that were made up of eight systems and thus in an ad hoc geometric relationship.

A couple can be defined as two people of the same or different sex from two families of origin who establish a link with a project and common objectives of developing as a team and providing the necessary support and motivation in their own space that excludes others. In addition, its members relate to the environment as a couple and preserve individual spaces of relationship with themselves and of social relationship.

This description clearly demarcates the boundaries of the consolidation of a couple to which it could be added that both spouses are bearers of guidelines, norms, culture, functions, codes, mandates, values, beliefs, meanings, rites, styles of emotionalizing and processing information, etc., which is what each one of the members brings in their suitcase and which they are willing with more or less resistance to exchange and agree.

A couple will be built from the synergy of all those components.

In the same way that in the process of family indivisibility we go from being to being, in the construction of the couple from being, we are. The couple identity is what each one brings to the relationship and what each one brings to their own.

complementarity is when a member has some of their properties in common with their partner, but not the other way around. The essence of the link lies in this matrix.

The same differences that give the blow in the election can be categorized as antagonisms and a source of claims from one partner to another over time.

Features that were never used may be required.

A negative blow from the couple can lead to discussions, disqualifications, aggressions, and different types of defenses where one of the spouses is discredited by the other. What about love?

Love is one of the distinguishing characteristics of a human and animal relationship.

The authors tried to define love. Romantics, poets, scientists, artists, therapists have all embarked on such a task, imposing from their models of knowing the most different descriptions.

Love is very difficult to explain, even more so when it is appealing to rational or logical resources.

If you like a quota of logic, trying to translate love into a rational meaning can be a big problem. The biologist Humberto Maturana points out that "love has no rational foundation, it is not based on a calculation of advantages and benefits, it is not good, it is not a virtue, nor a divine gift, but simply the domain of the behaviors that constitute the other." as a legitimate other in coexistence with one".

Love is a feeling that comes from the limbic system. It doesn't pass through the left, rational and logical hemisphere, but sometimes an attempt is made to evaluate what characteristics, particularities or attitudes one person has fallen in love with another with. Love is thought when it is already established.

When in doubt. You are not sure if the feeling of love is real.

The partner in love tries to be consistent and coherent by converting their feelings into actions. That is a feeling of love. Feelings are different from emotions in that they involve emotional, cognitive, and pragmatic variables and a fundamental factor: time.

Love can be confused with other emotions. Being in love isn't being trapped, linked, trapped, hunted, hooked or imprisoned.

These are false conceptions of love, they are feelings and emotions that confuse and have their offspring in psychopathological links, communication disorders and personality type entanglements.

We affirm that love is not a word, but an act, and that it is defined by actions that involve interactions.

A human needs to let the other know that he or she is in love.

A transmission that contains the secret expectation of loving reciprocity, of relational complementarity, which leads to the knowledge that he is not alone in such an undertaking, which is one of the most frequent causes of despair.

This transmission seeks to believe in a security.

The present of love is neglected in order to reaffirm the future by virtue of the search for loving reinsurance. When carelessness is focused on the future and not on, it can have unfortunate consequences.

Verbal communication is activated when two people meet. Fears of rejection can block free flow of words. The phrases are almost poetic.

The words are imprinted by the seductive imprint.

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In the food industry and in vegetable raw materials, the determination and quantification of freeglucose is done with the help of the Glucose Oxidase. It is used for the manufacture of biosensors and is also used in the production of many other products.

The structure of GOx has been fully studied.

There is a deep pocket in the structure. The enzyme is covered by chains of Carbohydrates

The proportion of linear and furanose in the solution is negligible. -D-glucopyranose and -D-glucopyranose do not interact with Glucose oxidase. The equilibrium between the and anomers is driven towards the form as it is consumed in the reaction.

The oxidation of -D-glucose to D-glucono-1,5-lactone is done by the Glucose oxidase.

GOx requires a cofactor to act as a catalyst. FAD is a component in many reactions.

Redox reactions involve the loss or gain of electrons. FAD acts as the initial electron acceptor in the GOx-catalyzed redox reaction. The final electron acceptor is played by the oxidation of FADH2 by O2. Oxygen has a higher reduction potential than other gasses. H2O2 is reduced as a result.

The H2O2 can be visualized with the help of peroxidase, which is coupled with a reaction. This type of test is used to determine the freeglucose in the blood or blood plasma. The reaction can be used in a variety of ways, from manual procedures to automated techniques, and even urine test strips. Monitoring of the levels of the sugar in food and vegetable raw materials can be done with similar tests.

The electrons that pass through the enzyme can be tracked by the biosensor.

The electrical potential generated by the reaction is measured when the enzyme is deposited on an electrode. This has made it possible to make microsensors that are true technological feats and can be used in home sensors that measure blood sugar levels.

GOx is used in the manufacturing industry as an Additive. It is used in bakeries to get firmer doughs, instead of oxidants. It helps remove oxygen from food packaging and D-glucose from egg whites.

In honey, it acts as a naturalPreservative. GOx on the surface of honey reduces atmospheric oxygen to hydrogen peroxide, which is an antimicrobial barrier.

GOx acts as a bactericide on many immune cells.

Notatin, extracted from antibacterial cultures of Penicillium notatum, was originally named penicillin A, but was later renamed to avoid confusion with penicillin. Notatin was found to be identical to penicillin B and glucose oxidase, enzymes extracted from fungi other than P. notatum; so notatin is now widely known as glucose oxidase.

Early experiments demonstrated that notatin, in the presence of glucose, exhibited antibacterial activity in vitro due to the formation of hydrogen peroxide. In subsequent in vivo tests in mice, notatin was found not to protect effectively to animals against Streptococcus haemolyticus, Staphylococcus aureus, or salmonella, producing, at certain doses, severe tissue damage. ​