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Buying Forex Online


wealthymattersPreviously you had to visit banks,travel agents or other licensed forex dealers or hawala operators for your forex needs.Now not only banks and travel agents have gone online,but there are now online-only licensed forex sites,that deliver the foreign currency you buy to your hands.How cool is that?Following is a list of such sites.

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Some of these sites offer better rates than many banks,so be sure to check them out,the next time you deal in forex.

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Dutch Disease


wealthymatters.comThe term “Dutch disease” originates from a crisis in the Netherlands in the 1960s that resulted from discoveries of vast natural gas deposits in the North Sea. The new found wealth caused the Dutch guilder to rise, making exports of all non-oil products less competitive on the world market.Today the term is used in the context of exchange rates,to refer to the negative consequences arising from large increases in a country’s foreign currency inflows including – foreign direct investment, foreign indirect investment,foreign aid etc in addition to the ill effects on non-resource industries a by the increase in wealth generated by the resource-based industries.  Read more of this post

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