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RBC REDUCES FOREX ALLOCATION; ARJOON COMMENTS

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RBC REDUCES FOREX ALLOCATION; ARJOON COMMENTS

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CCNTV6

263 Views • Nov 09, 2024

Description

As RBC hits its personal credit card clients with a cut in their foreign exchange limit, one economist says this is only more doom and gloom for small and micro businesses hoping to earn some extra cash in time for Christmas.


Dr Vaaalmikki Arjoon says the reduced forex allocation was only a matter of time.