FOB is the standard for coffee contracts but it doesn’t tell you how much farmers get paid. Yet, farm gate prices are not always available to begin with. Yes, it’s tricky. We explain why FOB is the norm and how you can use it to gain confidence in maki
The CHOOSE functionis used to represent the extracted number with appropriate words. CHOOSE(LEFT(TEXT(B7,”000000000.00″))+1,,”One”,”Two”,”Three”,”Four”,”Five”,”Six”,”Seven”,”Eight”,”Nine”)checks if the value iszero. If it iszero,then it displays nothing. CHOOSE(LEFT...
According to reports, MIIF’s revolving initial capital of $30m provided to Goldridge in cedis was suspended in September 2024 due to the reported forex variance borne out of the prevailing commercial forex rate and the prescribed sub Bloomberg rate from Bank of Ghana. Advertisement It is estimat...
MIIF’s Trade has been hugely successful despite the forex variance in September 2024. It is however estimated that, following the turnover of US$30 million to generate over US$600 million, the trade structure provides an opportunity for Ghana to utilise such for the much-needed forex,...