Consumer price inflation will increase from an estimated 15.0% year-on-year (y-o-y) at end-2013 to 18.0% y-o-y by end-2014 on the back of continued depreciation of the Belarusian ruble, exacerbated by a negative trade balance. This will result in …

“The competitive devaluation model, which has been adopted by other central banks globally — Canada can now be added to the list.” The Canadian dollar fell the most today among 10 developed-nation currencies tracked by the Bloomberg Correlation …

With this in mind, our focus will be on developing our capability and competitiveness in clothing in the same way that we are internationally competitive in textiles. TNS: What … This devaluation leads to decrease in the cost of production for …

Meanwhile, the company claims that the increase in per-unit price has not helped them improve profitability, blaming rupee devaluation, energy crisis, and inflation as offsetting any profits there were to make. ”One of the main hurdles for us is how to …

Consumer price inflation will increase from an estimated 15.0% year-on-year (y-o-y) at end-2013 to 18.0% y-o-y by end-2014 on the back of continued depreciation of the Belarusian ruble, exacerbated by a negative trade balance. This will result in …

Economy Minister Luis de Guindos made it clear the target was the impoverishment of the working class, declaring, “The [current] gain in competitiveness has been obtained not through currency devaluation but through internal devaluation, through a …

“The competitive devaluation model, which has been adopted by other central banks globally – Canada can now be added to the list.” The loonie depreciated 0.9 percent to C$1.0750 per U.S. dollar at 1:57 p.m. in Toronto. It reached C$1.0762, the weakest …

To some observers, the currency's recent sharp decline suggests the Bank of Canada is stealthily engineering devaluation – a gift to beleaguered manufacturers, exporters and domestic tourist operators, and a tonic for an economy suddenly grappling with …

But even if there is this competitive benefit, the deflation in peripheral countries threatens to mutate into the “worst kind of deflation”, as Reserve Bank of Australia's Glenn Stevens described this danger in 2003.2 This is when a slump in domestic …