MMT Verify: is there pressure on the Russian Economy?
We’ve had mostly floating exchange rates for fifty years. You’d think by now people would report using the correct currency
We’ve had mostly floating exchange rates for fifty years. You’d think by now people would report using the correct currency
Time for another exercise in mythbusting. It turns out it is very difficult for something that cannot move to fly. Who knew?
Journalists really should take some time to learn how correspondent banking works
In all international transactions they consumer pays with the currency they have and the producer gets the currency they want to hold. So why the big fuss over Russia’s requirement to receive Roubles?
How exactly does an FX transaction works in a floating currency rate environment? Read on to find out