The anticipation is over! Here are summaries of the recent exchange rate changes of more than 4%:
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[fa icon="calendar'] Jun 13, 2017 @ 10:26 AM / by Morgan Grenier
In the week following the Saudi Arabia-led blockade against Qatar, the original five countries participating has expanded to nine. The blockade of Qatar has many components, including the closure of land borders and airspace as well as shipping ports in participating countries, the expulsion of Qatari citizens from participating countries, and a ban against Qatar Airways.
[fa icon="calendar'] Apr 26, 2017 @ 10:04 AM / by Morgan Grenier
While the official exchange rate for Venezuelan Bolivares Fuertes is USD1.00=VEF10.00, the black market rate in Caracas on Friday, April 24th reached 4711.73 bolivars per USD, the highest in the country’s history, and a depreciation of 6.4% in the last week and 40.5% in the last month.
[fa icon="calendar'] Apr 18, 2017 @ 12:06 PM / by Morgan Grenier
This quarter’s on-site surveys of the Middle East confirmed the trend of increasing consumer gas prices as oil-rich nations (many of which have historically subsidized national costs) continue to feel the pressure of the global price drop.
[fa icon="calendar'] Dec 16, 2016 @ 02:32 PM / by Morgan Grenier