Fitch’s downgrade came at a time the local currency was depreciating rapidly against major currencies with a single United States dollar now trading for $393,85 on the official market, down from $108,66 at the beginning of the year.
Fitch’s downgrade came at a time the local currency was depreciating rapidly against major currencies with a single United States dollar now trading for $393,85 on the official market, down from $108,66 at the beginning of the year.
“The President also visited St Noah Taguta College and had an inspection of the computers he donated recently and was impressed by the facilities at the college.
Insiders told NewsDay yesterday that Taguta (90) died on Sunday morning, but his burial was delayed as church leaders refused to announce it hoping that he would resurrect on Wednesday (yesterday) to come back and proclaim the end of the world.
The projection for the year is after Fitch Solutions forecasted the trade deficit to reach 2,2% of GDP in 2021.
The projection for the year is after Fitch Solutions forecasted the trade deficit to reach 2,2% of GDP in 2021.