Further depreciations would make emerging market exports cheaper and claw back some of the competitiveness lost in recent years. Central bank reserves have been bolstered to provide additional insurance. Emerging countries had a financial war chest of …

Its vertically integrated business represents a competitive advantage as it enables the company to reliably and competitively supply its retail and industrial customers. The planned USD750m senior unsecured bond is expected to be issued by Puma … In …

It makes the plant — or in this case, the country — more competitive in the short run, but at the cost of cutting workers' purchasing power and removing an important incentive for business owners to boost efficiency by upgrading equipment and …

The deal removed the immediate threat of a painful Ukrainian currency devaluation and debt default but also dimmed the prospects of a so-called Association Agreement being struck with the European Union in the coming months. But anger at what many saw …

During the same interval, US economic authorities welcomed a major devaluation of the dollar, the real effective exchange rate of which declined by 8 per cent (although the greenback's fall against the US's key Asian trading partners was more limited …

The European Central Bank is too focussed on the long-term outlook when eurozone countries need desperate and immediate relief. Failing to cut rates last night will lead to further disinflation and slower growth.

You can't devalue currency so you become more competitive through an internal devaluation. Productivity has risen, largely because if you're producing more or less the same amount of goods with a lower number of workers, productivity has to rise.

… expect GDP to contract by 1.4% in 2013 and grow by just 0.4% in 2014. This change reflects our bearish outlook for global metallurgical markets next year, our expectations for hryvnia devaluation, and expectations of a retrenchment in government …

In what ways have you benefited from Japan's currency devaluation? van Hoorn: For our Japanese … Our underlying investments are profiting from a weaker currency as Japanese companies are getting more competitive. That is clear. If you look at …