Please someone check this

More than the above effects as a major scenario; when the currency get depreciate it will directly adverse to the balance trade account, because when discourage export of goods and services at a low income for exports, imports and when it take more place have to spend more for imports. Therefore trade balance gets worse to the balance trade. It proves that there is a strong bond between foreign currency and balance trade.

And also, the depreciation of the LKR has affected the balance sheets of domestic companies, because liabilities are denominated in foreign currency while assets are in local currency