“The competition for emerging-market bonds has increased and investors will ask for higher yields there.” Russia canceled planned sales of 10 billion rubles ($304 million) of notes this week, citing a lack of demand within an acceptable yield range of …

The CNY at its present level is only supportable by a few clusters of the economy, while the rest need a sizable devaluation to become competitive again. Report Wazoo | June 20 5:15pm | Permalink. Looking at the chart for "Pearls, precious stones and …

On the back of stagnating exports, rising import bills, a crippled banking sector and our expectations for a hryvnia devaluation, the outlook for the Ukrainian economy, construction and real estate sector is dim. While the ongoing slowdown in global …

If prices and competitiveness get out of line among countries, there is no way to adjust except competitive deflation. The trouble is that no exercise of thrift or structural reform will restore competitiveness to a … Banks would have to hold …

This is the same “internal devaluation” policy now being foisted on Italy, Spain and Portugal, but without the tail-wind of a global boom that made it so much easier for Germany. Wage compression is not the same as reform in any case. What Germany has …

In the past, G8 leaders have made comments about “refraining from competitive devaluation of currencies.” Meanwhile, oil prices have been climbing on the rising tensions in Syria, but some analysts have suggested that rally could end because G8 leaders …

"The economy was being strangled by the higher Australian dollar, which meant our labour rates were not competitive by global standards, but a falling currency helps restore that competitiveness and I suspect that this is likely to be a goal of the RBA …

Many countries, including the United States, have expressed concern that Japan could be deliberately trying to force the yen lower to boost exports and cut imports via "competitive devaluation". But the G20, which includes the United States and Japan …

In February, when global economic growth was tepid at best, the G20 examined competitive currency devaluation, with Japan taking center stage because its strategy to reverse 'stagflation' and spur economic growth hinges on the aggressive weakening of …