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Competitive Devaluation

To fight unemployment, let's get back to the 80 cent loonie: Walkom
www.thestar.com

The U.S. itself has effectively engaged in competitive devaluation over the past four years. But like Japan, it insists that its program of quantitative easing (printing money) was designed for other purposes. By contrast, Canada's Conservative …

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South Korean Central Bank Concerned About Yen's Devaluation
online.wsj.com

DAVOS, Switzerland—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 response. In an interview with …

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Tax shift could benefit large companies, hurt homeowners
www.indystar.com

She said farmers generally dislike the equipment tax because it has a 30 percent devaluation floor, which means an old tractor that is worth virtually nothing on the open market is still taxed at 30 percent of its original value. Still, support of the …

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real scandal is France's stagnant economic thinking
www.ft.com

This should make clear that any idea that through a depreciation in the real exchange rate Denmark, Germany and Finland are stealing jobs from other countries (in particular high-unemployment eurozone countries) is absurd. They are not competing with …

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Forex – Korea Flows: USD/KRW jumps above 1075.0; FinMin warns on lower …
www.fxmarketalerts.com

However, he disregarded any competitive devaluation of the KRW. On the same lines, Samsung estimated negative currency impact of KRW700bn in Q4 2013 as it reported first quarterly fall in operating profits in 2 years. On FX, USD/KRW opened above …

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Morning MoneyBeat Asia: Did We Say Something About a Lull?
blogs.wsj.com

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 …

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Won Leads Weekly Drop in Asia Currencies on Fed Bets, China Data
www.bloomberg.com

Any further drop in the yen would cause widespread pain to local exporters, Bank of Korea Governor Kim Choong Soo said, adding that competitive devaluation of the won is “completely out of our consideration,” according to a Wall Street Journal report.

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Taiwan Dollar Forwards Set for Weekly Loss on Won Drop, Fed Bets
www.bloomberg.com

Any further depreciation in the yen would cause widespread pain to South Korean exporters, Bank of Korea Governor Kim Choong Soo said, according to a Wall Street Journal report. A competitive devaluation of the won is “completely out of our …

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South Korean Central Bank Concerned About Yen's Devaluation
www.fxstreet.com

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 response. Korea's Hyun: US tapering will be limited …

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