Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
  • PUERTO RICO: The Enigma of Tourism.
  • CZECH REPUBLIC: Attempts To Ban The Communist Party.
  • ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
  • ROMANIA: After Court Overturns Austerity Measures, Huge VAT Increase Proposed To Protect IMF Aid.
  • URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
  • MEXICO: Update On The Electric Power Takeover.
  • CROATIA: Exit Polls Predict Presidential Run-off.
  • COLOMBIA: FARC Abducts & Murders Provincial Governor.
  • ARGENTINA: MaradonaTo Continue As Soccer Coach.

13 May 2011

BELARUS: Finally Allowed To Float...Ruble Drops 25%...In One Day.

NYTIMES / A.Kramer / Thursday Re-Post

    After the central bank lifted decades-long restrictions on the exchange rate, the Belarus ruble dropped
25% vs the usd.
    Long-time authoritarian President Alexander Lukashenko finally allowed the fixed rate to float because imported goods had disappeared...as consumers began to hoard staples...causing inflation and more shortages.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Labels: President Alexander Lukashenko
Newer Post Older Post Home