Post by Greywall on Oct 8, 2022 6:42:25 GMT -5
The new silver restrictions has left the Iron Bank of Ulster Gaelia in an awkward position. Full of Frannerre and Ashinarian silver it needed a way to make it worth something in the treasury.
It came from a board meeting to exchange it to the Lusatian bank in exchange for Zloty to place in the national reserve. This would strengthen the Lusatian currency and give the Iron Bank considerable stores of capital.
Ulster-Gaelia trades to Lusatia
UKUG exports 90,000 silver
Imports 3,060,000 Zloty to national reserve
Lusatia exports 3,060,000 Zloty
Imports 90,000 silver
It came from a board meeting to exchange it to the Lusatian bank in exchange for Zloty to place in the national reserve. This would strengthen the Lusatian currency and give the Iron Bank considerable stores of capital.
Ulster-Gaelia trades to Lusatia
UKUG exports 90,000 silver
Imports 3,060,000 Zloty to national reserve
Lusatia exports 3,060,000 Zloty
Imports 90,000 silver
