Economic Pulse

cOSHi - Newspaper from Venezuela -

Published in Ireland - Financial analysis - 07 Apr 2024 14:22 - 14

Hello World!

This is the 1st article of Economic Pulse, your economic news in Edominacy.

In the newspaper we will try to follow the market trends and give our readers some insights and better understanding of our world economics.

for now we will start with a market view of top  countries monetary markets.

So, before we begin, which are the top countries?
Since we just started tracking, let's go by citizens for now with top 15 countries:


https://i.ibb.co/BZzhfkc/countries-by-citizens.png


As we all know Bulgaria is leading the citizens charts with 338, but who are the following? Remember, size doesn't mean a country is active but that's all we have for now.
closing top 5 are Indonesia, Romania, Iran and Serbia, each showing a promising start for a global trader with around 100-110 citizens.

Spain and Peru sitting firmly in the next spots together with 84 citizens, while the rest are around 50-60 each.


That might be sufficient, but for the global trader there are more variables to consider, exchange rates:

https://i.ibb.co/dJhwkHJ/CC-exchange-rate2.png

We can see most countries from big 15 are are keeping the 0.05 basic rate, Peru with 0.051, Spain with 0.054, Bulgaria with 0.055 and Indonesia with a staggering .01 gold per cc, scaring away anyone who wants to buy their cc in order to buy from their market.


But what if you're a seller?

So you found a nice country to sell your goods in a good rate. will you be able to get that cc out?
https://i.ibb.co/n6FCvHN/CC-to-Gold.png

We can see that Spain and Bulgaria are the most promising countries to get your gold out with 20cc per gold. 
Romania, Sweden and Slovenia are following with 21cc, 22cc and 23cc per gold. Greece and Peru with 24cc and Iran with 24.5cc. Turkey, Albania, Indonesia and North Macedonia rates are disproportionate while the USA is not even showing in the charts since it have nothing to offer.

TIP!
always check HOW much is offered in the market. a good rate won't help if there's only 1 gold bar to buy.

Note!
All numbers are relevant to time of audit. 
We are just in the beginning and a lot is still unstable. Make sure you check numbers before doing any exchange.

So is there anything else a global trade should consider?
A lot, for example traveling costs while spending time in foreign markets. 

But we'll cover it in the next Articles.


See you in the next article of Edominacy "Economic Pulse"

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Comments (14)

Love it
love it
Very good , v+s
Old Coshi is back, keep up the good work Sub-saharan buddy
Ireland Abu o7
sup and vote
Nice cOSHi nice
Very good article
I am sorry for ruining your monetary market Indonesia
Bro you miss Germany. We have a really good eco and working hard on MM
o7
Hail indo
Vot and Sub. Thanks for the interesting article!
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