Following prolonged periods of a fixed exchange rate owing to depleted foreign reserves, last month, the Central Bank of Nigeria (CBN) decided on a change of tack to adopt… 357 more words
Tags » Exchange Rate
Preface: A few days ago I began an exchange with Tim Worstall over his article on Forbes regarding the food shortages in Venezuela. I noted that his work did not include an explanation for the shortages, nor did it acknowledge the economic warfare going on in the country. 1,426 more words
British HSBC executive is arrested over '$3.5BILLION exchange rate rigging scheme' as he landed at JFK airport and has been thrown in a New York jail
So how exactly is Brexit going to affect your holiday and travelling plans?
To put it simply, it’s probably going to cost more for holidays. The loads of different reasons why it’s going to cost more but the main reason one is because of the hammering the pound is taking. 1,241 more words