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 …
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 …
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 …
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 …
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 …
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 …
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.
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 …
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 …