Analysts 1 million+ daily profit in foreign exchange estimated for W-Southern, is a healthy return on investments – Reserve Bank
May 07, 2022 – RBMV Bank analysts at the Gollexi (The Mount Vema Stock Exchange) told VSBCnews that W-Southern, the transport company of Mount Vema is estimated to generate a daily profit of more than one million golles in foreign exchange from August this year.
The analysts’ projection is based on economic activity and the number of jobs to be created (which will exceed five million people globally), connected directly and indirectly to Mount Vema.
Although the analysts’ projections are very similar to other sources especially the latest data from the RBMV Bank – Investment Bank. The news confirms the optimism, and the long-term projections of healthy return on investments, according to VSBCnews sources at the Reserve Bank.
The Royal Mount Vema Reserve Bank is the biggest investor in Mount Vema projects. The state of Mount Vema has since the creation of the Kingdom believed that the project will pay for itself and has been very reluctant to accept any investments from foreign governments due to national security concerns, and especially now that the territory has declared itself a neutral state.
Unlike other countries where the purpose of foreign investments received has been to secure control of strategically important industries by foreign powers for political rather than financial gain, Mount Vema have realized that this would become a problem someday from day one, so the Reserve Bank was created to minimize such risk by making direct investments in important industries to be built within the Vema Seamount Territory, and now the risk seems to be about to pay off.