The Euro Analysed by Kampamba Shula

The Euro Introduction The euro is the single currency shared by (currently) 17 of the European Union's Member States, which together make up the euro area. The introduction of the euro in 1999 was a major step in European integration: around 330 million EU citizens now use it as their currency. When the euro was launched on 1 January 1999, it became the new official...

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Zambian Kwacha Exchange rate Analysed by Kampamba Shula

Rising food and import costs prompted the Bank of Zambia to raise interest rates and increase the reserve ratios for commercial banks in the past four months, undermining economic growth Zambia’s central bank plans to sell more dollars to bolster the second worst-performing currency in Africa and curb inflation, officials said. The kwacha, which has slumped 9.6 percent...

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Pfizer Stock Analysis Complied by Kampamba Shula

New York-based Pfizer, Inc. is the world’s largest pharmaceutical company in terms of sales. The company has several blockbuster drugs and clearly distanced itself from the rest of its peer group in terms of financial power. In October 2009, Pfizer acquired Wyeth for about 68 billion. Wyeth has some valuable assets, including therapeutic categories complementary to Pfizer,...

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