South Korea Worried About Yen's Devaluation: South Korea's central bank governor said any further depreciation of the Japanese yen would cause widespread pain to South Korean exporters, but he ruled out a competitive devaluation of the won as a …

Once it ends, the country's competitiveness will have been restored at least until the next devaluation. The Latin America Dollar Index has returned to test the 2003 and 2008 lows and a clear upward dynamic will be required to suggest the return of …

In an interview with the Wall Street Journal on Thursday, Kim Choongsoo said any further depreciation of the Japanese yen would cause widespread pain to South Korean exporters, but he ruled out a competitive devaluation of the won as a response.He also …

"If they do not complement this week's decisions with further announcements that anchor inflation and devaluation expectations, we should expect more inflation and foreign exchange volatility," said Ignacio Labaqui, who analyses Argentina for New York …

Continuing with an managed devaluation as had been applied would mean losing more reserves,” Esteban Domecq, economist and director of Invecq agency, told the Herald. “The dollar exchange rate has not kept up with inflation. A competitive dollar for …

South Korea Worried About Yen's Devaluation: ”South Korea's central bank governor said any further depreciation of the Japanese yen would cause widespread pain to South Korean exporters, but he ruled out a competitive devaluation of the won as a …

"When productivity fails to be a competitive advantage, then countries have to compete purely on price and devalue their currencies," he added. "Devaluing a currency often results in higher inflation rates because the prices of imported goods, both …

In Spain, the peso devaluation affected companies such as the BBVA Bank, Mapfre insurance company and Telefónica all of which have a strong presence in the country. Fears of global problems converged to start a two-day rout … In Uruguay, the …

Despite the possibility of the last two days of a sharp peso devaluation leading to a more competitive economy, the measure implies several risks for the domestic economy, including a higher inflation rate, and could lead to higher income demands from …