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This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese...
Trngszs around the world are based on the dollar he in other words one side is the dollar. by far. 90%, bret. the euro is second. the yen is third. the chinese currency is far, far distant fifth. i think it's a couple of percentage points. china is a closed economy. china has capital controls. china does not allow financial transactions to come in and out. china is not a good place to invest but i will say this: i understand because of foreign policy and economic policy the saudis are flirting with the chinese. that may be more of a national security issue. it certainly is an oil issue. i don'...
Last year, the government began auctioning the greenback to businesses to try to kill the black market. inflation tumbled from about 800% to just over 50% a year. it's been welcomed by big business. we have experienced significant growth in the first _ and second quarters of 2021. the currency issue presents a risk to the growth - already experienced. it also presents a risk to - the growth that is anticipated. but with the central bank only supplying about 30% of companies' needs, the black market is in resurgence. in a tacit admission that the currency�*s failing yet again, government work...
Slowly being rejected. the thirst for us dollars is everywhere. the people here are awaiting to collect us dollars cash sent by their relatives living abroad. authorities say a lot of it will end up on the black market, a market it blames for the collapsing local currency. the size of zimbabwe's currency black market is staggering. everywhere, illegal currency traders sell us dollars to individuals and importers, but at double the official rate. last year, the government began auctioning the greenback to businesses to try to kill the black market. inflation tumbled from about 800% to just over...
Businesses to kill the black market. inflation tumbled. it has been welcomed by big business. iaruiith welcomed by big business. with experience _ welcomed by big business. with experience in — welcomed by big business. with experience in giving _ welcomed by big business. ti experience in giving and welcomed by big business. ii�*u experience in giving and growth in the first and second quarters of 2021 of the currency issue present a risk to the growth already experienced. we also presents a risk to the growth that is anticipated. but with the central bank only supplying about 30% of comp...