Sudden Obsession
The issue of the value of the Guyana dollar versus other currencies keeps popping up lately in conversations at socials and on the street. Even among some learned individuals, there is this consternation about the exchange rate. It is not clear what the apparent sudden obsession with the exchange rate is about. But the most prevalent observation is that the Guyana economy has reportedly grown consistently from 2006 to 2011, but yet the exchange rate, usually meant as the relationship between the US and Guyana dollars, is not coming down. Some others put forward the argument that the international reserves held by the Bank of Guyana were at record levels at the end of 2011 and should also