Wednesday, June 20, 2012

BOM To Cap FX Spreads

So concluded Manou Bheenick in an interview to L'Express. That's excellent news for exporters which complain of not getting good enough FX rates from their banks. It's also long overdue for the small consumers given how wide the spreads have been recently.

I am starting to like 2012.

1 comment:

akagugo said...

After this uppercut to the gut of MBA, is it not the right time to enforce a cap on spreads, and not only on exchange rates?