POCO F3 Over Priced in Sri Lanka?

Last week Xiaomi Sri Lanka Company officially launched the POCO F3 Global Version for Sri Lankan Customers. Company published poco f3 prices as follows

POCO F3 8GB+128GB LKR 84,999
POCO F3 8GB+256GB LKR 89,999

Many of Sri Lankan POCO users expected 8GB+128GB edition to sell for between LKR 60,000 - LKR 65,000. Sri Lankan sellers said that before the advent of the phone, there was huge demand for this phone, but now the demand for poco f3 has dropped significantly due these prices.

 We also find the real problem.

Global Market Price Euro 299 ( Sri Lankan LKR for 1 Euro = LKR 235.21)
There fore POCO F3 8GB+128GB Global Price as LKR , LKR 70,328

So price difference 84,999 - 70,328 = LKR 14,671 as a percentage 20%

Global Market Price Euro 349 ( Sri Lankan LKR for 1 Euro = LKR 235.21)
There fore POCO F3 8GB+256GB Global Price as LKR , LKR 82,088

So price difference 89,999 - 82,088 = LKR 7,911 as a percentage 9.6%

We also realized that there is truth in comparing prices. However day by day Dollar value increased comparing to Sri Lankan Rupee. So it will makes an impact in future.