@FredShaka Float/Forex dries up: Money gets trapped in demurrage, duties, and regulatory delays.
Costs skyrocket: Importers pay steep premiums to acquire scarce dollars and clear red tape, pushing up prices for consumers.
@emmanuelokware_@AKasingye Duties, and regulatory delays will definitely happen, Importers in the country pay steep premiums to acquire scarce dollars and clear commissions, pushing up prices for consumers, like fuel ,food etc. THIS SHOULD NOT NEED PHD TO UNDERSTAND
@emmanuelokware_@AKasingye Strict regulations on imports like such as PVoC certification penalties, compliance approvals, and import taxes badly lock up trade capital, stall goods, and drive high demand for scarce foreign exchange like(DollarsFloat/Forex dries up: Money gets trapped in demurrage
@kirya_ug In mobile money, if your agent account is out of float to process customer cash-in requests, you have to find an agent super-dealer to buy float. If float is scarce across the town, you might have to pay costs or extra commission fees just to get it.
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Better analogy for forex.
@StretfordPaddck "Quick, quick. Yes, it's fine... Let's go, go, go... Goal" show a complete lack of interest in reviewing whether Fernández's action affected Lisandro Martínez or the goalkeeper. They treated finding "no touch" as a green light to instantly confirm the goal.