Tags » Exchange Rate

Maputo warn against politicizing depreciation of national currency

Mozambican Prime Minister Carlos Agostinho do Rosario has said in Maputo on Wednesday that the depreciation of the country’s currency, metical, should not be politicized. 420 more words


Lounging around

Well, that was a brutal work week. Both days of it. Something needs to be done –

Time to start lounging around a bit and recharge the batteries. 57 more words

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The importance of foreign exchange conversions in the Import process

Guest post by Matt Richardson, founder of betterFX

As anyone who has done it knows, importing from around the world has challenges and all kinds of costs that need to be combined to give you the overall cost of your venture. 427 more words

Bloomberg: Rand Extends Gains With Bonds After Rate Increase

South Africa’s rand and bonds gained, heading for their biggest rally in eight months, after the country’s central bank raised borrowing costs before an anticipated rise in U.S. 490 more words


Mozambique: Firms threaten price hikes as runaway inflation deepens

Private firms in Mozambique are threatening to increase the prices of their products in the face of worsening devaluation of the national currency, the metical, a senior official of the country’s business association told journalists in Maputo on Thursday.Coming on the eve of the festive season, the head of the Mozambican Business Association, Luis Sitoe, said the increase in interest rates announced earlier in the week by the Bank of Mozambique makes this inevitable. 220 more words


First Week of November: Awesome Every Day!

Two weeks ago – the first week of November – was a good one. No, sorry. It was an awesome one.


On George Boole Day, my foster university, UCC, … 864 more words


China: The Economic Gangster of the World

If The Trump is right about something, it has to be about China and the tricky games they play with the economy.

Here are the simple lessons that we must learn: 360 more words