Browsing Tag
FX
5 posts
$45 Million in Forex Shows How Trivial Zimbabwe’s Economy Has Become
If you’d like a vision of the Ozymandian achievements of Robert Mugabe then here’s a number for you.…
There Is No Shortage Of Forex In Zimbabwe – It’s Just The Wrong Price
Given Zimbabwe’s recent history it’s entirely remarkable that the government is still getting this wrong. Perhaps some people…
You’re Right, Zimbabwe’s Government Is Broke Again – Gold Mines Close For Lack Of FX Payment
The classic sign of an organisation going bust is that payment terms to creditors start to lengthen. Sure,…
Ethiopia’s Basic Problem, The Exchange Rate Is Too High – So Float it
We could say a lot of things abut the economy of Ethiopia – it takes time to recover…
What Erdogan Misses – The Turkish Lira Should Be Falling In Value
We’ve another of those complaints by a politician that reality is just such a bitch. Here it’s Erdogan…