[ad_1]
Zimbabwe wants to introduce a hybrid foreign currency management system or a long-term maturity, prominent economist Ashok Chakravarti has suggested that the broader type bond be kept in the balance of currencies.
Mitantasso Niñoni
A hybrid market of Investopedia is a Securities Exchange which provides trade through the combination of automated electronic trading platform and traditional floor broker system.
On the other hand, coupon treasury bundles of 30 years are equivalent to Brady bonds.
Countries purchased from Treasury Zero Coupon Bonds in the United States are maturing by Brady's maturity.
The emperor's suggestion was in a period when the dollar system became a high-cost economy in Zimbabwe.
This resulted in a reduction in foreign currencies and parallel markets, resulting in a certain value, led to a nearly 10 billion real-time grade settlement (RTGS) equality.
As a solution, the government is compelled to bring in a local currency, an appropriate market-based exchange mechanism against the dollar. It is not possible without pre-condition, he warned.
"A Hybrid Forex Management System (GOI) is based on a Nigerian auction: The Forex Index for Reserve Bank of Zimbabwe 1: 1 will require 50% of the value of essential commodities and maintain the price stability.
The emperor demanded $ 52 billion for this to happen.
He said he would sell 50% export revenue through a banking system on a transparent platform like Nigerian "Investors and Exports window".
Total forex is available in that market $ 3,5 billion.
"The access to the platform is gradually increased from gradient development, invisible fees and capital account transactions.The platform can be traced to the fourth street, the zimbabor index or the border line in South Africa.
The availability of the platform on the platform uses credit-enabled loans to facilitate a month-to-month basis.
In order to prevent the price of the ARGS Balance, the Emperor said that US dollar brands can be created by bonds.
"This bond can be transferred for a ratio of TBs operated by the banking system at 1: 1, which allows banks to deposit holders who wish to retain their RGG Balances.
"A new bone calculation must be supported, or any other government entrepreneur does not differ, for which a coupon doll scrip to create and invest a dumping fund.
"In 2048, the 30-year scrip's current price is 36,27, with a $ 360 million price sold for $ 1 billion this bond.
American zero coupon scrip allows investors to keep the interests and interests of special securities of treasury notes and bonds.
The emperor said that 3 percent tax on the platform of the forex bidders should be taxed.
The $ 100 million will be given to fund the submarine fund. In Zimbabwe this bond should be fully commercial.
Senior Lecture at the University of Economics, said Zimbabwe, Zimbabwe against rampant corruption, and credible, the Forex market, the price of many of the ways simbabvekk prayeajanappetuttumennum, and increasing the availability of such time as the forex invention and, later, the date of the local currency aviskarikkunnatina .
Introducing the Brady Type Bonds with the saving funds will save the value of savings.
Zimbabwe's Revenue Authorities will be used daily on auctioned basis to calculate import tariffs, "he said.
"This eliminates curves and corruption, and generates additional revenue to reduce fiscal deficit."
Source link
