Sunday, May 19, 2024

"IMF RECOMMENDS REMOVING FOREIGN EXCHANGE RESTRICTIONS TO FOSTER HEALTHIER AND FAIRER ECONOMIES" BY GOLDILOCKS, 19 MAY

 GOLDILOCKS

The IMF recommends removing foreign exchange restrictions to foster healthier and fairer economies. These policies sap energy from the economy and gives an unfair advantage to those who have access to the cheaper official exchange rate. Watch our Analyze This video to learn more.


https://twitter.com/IMFNews/status/1792167066687897725?t=7K9B99ley-zRIrwtAi2Vaw&s=35

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From a brick and mortar Banking System to a Bank in the Clouds. 


In recent years, the banking industry has been undergoing a significant transformation, with cloud-based Core Banking Solutions computing becoming an integral part of daily banking operations. This shift towards the cloud marks a pivotal change in how financial institutions manage and process data, promising increased efficiency, flexibility, and innovation. Yet, despite these advantages, many banks remain cautious about fully migrating their operations to the cloud, a hesitation rooted in valid concerns.


https://www.sprinterra.com/is-cloud-banking-the-future-of-banking/

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