With counterparts in Asia and Europe embracing declining currencies as they seek to boost their economies, Mr. Lew said they should “avoid persistent exchange-rate misalignments, refrain from competitive devaluation against the USD, and not target …
The devaluation of the Russian ruble and revaluation of farmed fish costs are named as the reasons for the negative financial results. In the same … At that time the company referred to the increased competition and difficulties in working with …
Any devaluation of the dollar will offer the industry's exporters, and those who rely on inward investment, encouragement. Indeed, buoyed by a modest upturn in activity, industry association Destination New Zealand is taking renewed steps to catalyse …
As expected back then, Ms Rousseff and Mr Neves will now battle it out in a competitive run-off on October 26th. …. It would be interesting to know your views on the probability/possibility of a major devaluation of the "real" in the not too distant …
As with Japan last year, G-20 policymakers gathered in Washington for the annual meeting of the International Monetary Fund and World Bank are in a poor position to complain about competitive devaluation having demanded stronger European growth for …
The recent depreciation trend of the euro appears consistent with cyclical differences between the major advanced economies (e.g. the Eurozone underperforms the USA for instance). Thus in my view the success of the Eurozone as a whole depends primarily …
"Devaluation of the Ukrainian currency hryvnia was the major driver for high exports, which raised the competitiveness of Ukrainian wheat in the world market," the consultancy said in a statement on Tuesday. Ukraine's currency has lost about 40 percent …
His boyhood achievements included winning a Yorkshire Evening Post competition with an essay on “My Hero”. For his subject he chose Lord Baden Powell, the founder of Scouting, as befitted … He led the country through the latter part of the Swinging …
But Friday he reminded his counterparts at the IMF and World Bank meetings they need to stick to their currency commitments against competitive devaluation. “G-7 countries should stand by their commitment to orient fiscal and monetary policies toward …