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The weakening of the Birr against the dollar has far-reaching consequences for the Ethiopian economy. As it exacerbates the problem of inflation, and the increasing value...
The exchange rate can have a significant impact on your budget, and not being prepared can result in additional fees or poor exchange rates. These 20...
Floating exchange rates refer to the way in which a currency’s value is determined by the foreign exchange market, through the forces of supply and demand. This...
The Forex market is decentralized, has high liquidity, reducing the risk of market abuse and price inequality and creating more competitive rates.
Understanding where your money is going and how much is lost in transfer fees is the first important step in saving money on the costs of...
Currency speculation is a high-risk activity and not suitable for everyone. The exchange rate is influenced by a variety of factors and can be unpredictable.
Avoid exchanging money at an ATM - the rates offered at an ATM are often worse than those offered by a bank or currency exchange office.
Compare exchange rates, use a reputable money transfer service, be aware of any fees associated with the transfer, choose the right payment method, consider the time...
the US dollar has played a vital role in rescuing small economies and promoting stability in their financial systems ... adopting the US dollar has proven...
the relationship between exchange rates and inflation is complex and can vary depending on the country and its economic conditions. A change in exchange rate can...
