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

  • Brasilian Senator Admits We Are "A Bunch Of Crooks."
  • BOLIVIA: Morales Opponent Governor Removed By Legislature.
  • Mexican Court Frees 22 Convicted Of Chiapas Killings.
  • ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
  • MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
  • RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
  • Profile of a Cuban Spy
  • VENEZUELA: Higher Oil Prices Fuel Q1 Growth To 4.5%...Best Since 2008.
  • BRASIL: Business Still Stuck In Red Tape With The Old Bureaucracy.
  • CUBA: Food Processing Limitations Cause Waste.

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
View mobile version