The system only served to enrich opportunists, rent-seekers, middlemen, arbitrageurs, and fraudsters. “What would I have done? “A fixed exchange rate system was out of the question because it ...

But because countries no longer are obligated to peg their exchange rates in a system overseen by the IMF, they need a sound basis for selecting the regime best suited to their needs—be it fixed, ...

The Ethiopian Commodity Exchange (ECX) has introduced a new pricing mechanism for coffee sold on its trading floor but exporters say the changes do not ...

EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!!WE DELIVER NATION WIDE ...

The Presidency has tongue-lashed the former Vice President and Presidential candidate of the Peoples Democratic Party, in ...

In a dual exchange rate system, there are both fixed and floating exchange rates in the market. The fixed rate is only applied to certain segments of the market, such as “essential” imports ...

The obsession for foreign currency, specifically the USDollar, has driven investors towards dollar denominated financial ...