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  7. Guyana’s foreign reserves plummet, money depreciates

Guyana’s foreign reserves plummet, money depreciates

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06 Feb 2014 11:32 #176888 by chairman
The Central Bank’s third quarter report for 2013 review revealed that gold, diamond, rice, and lumber output increased, while sugar, fish, poultry and bauxite output declined.
Compared to an overall surplus of US$57.8M in the third quarter 2012, a Balance of Payments deficit of US$220.4M was recorded in the third quarter of 2013, which would have contributed to the steep decline seen in the level of net international reserves.
On January 31, 2014, the exchange rate stood at G$208.44: US$1.00, up from an average of G$205.42 : USD1.00 in September 2013.
The International Monetary Fund expects growth to soften to 4.3 per cent in 2014, down from 4.8 last year.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/

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06 Feb 2014 11:34 #176890 by ketchim
The odda day on my Dad's Guysuco pension :

222 to 1 Cdn$ 

50 Cdn$ for GBTI to act as Power of Attorney and senn up de money.

10 Cdn$ for the international money order ...

Oh , well !  :-[

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06 Feb 2014 11:38 #176891 by ketchim
Of course this is after he wheelChaired into the Guyana consulate on consumers road :

and signed in front of the Consular General , a LIFE certificate ...

TO prove he still deh bout at age 93  :-[

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  • mapoui
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06 Feb 2014 12:15 #176902 by mapoui
so how much for a loaf of slice bread in Guyana

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06 Feb 2014 12:25 #176904 by Kwami
  Man should not live by bread alone . In  Guyana you talk rice 

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06 Feb 2014 12:26 #176905 by mapoui
well...how much for a loaf of sliced rice bread ::confused::

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06 Feb 2014 12:27 #176906 by mapoui
or..how much for a roti bread, ah bake, casava bread, a pound of eddoes, dasheen, yam and plantain ::confused::

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06 Feb 2014 12:33 #176907 by Kwami
Dem is real food

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06 Feb 2014 13:41 #176926 by mapoui
well what about a wedge of cassava and coconut pone..how much wud dat cost with a glass of mauby with ice

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06 Feb 2014 13:51 #176928 by ketchim
75 grand for a bottle of demerara aged rum ...

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