The devaluation is slow and gradual. The National Bank controls it, so it is unlikely to be … It will worsen the Belarusian export to Russia and improve the competitive ability of the Russian export to Belarus. I think we can feel it already. The …
The first statistics for August and September show that Turkey and Serbia have profited from the boycott. These countries exported significantly more since the ban was introduced. German companies received an order to build a new storage facility for …
Over short periods of time, this is probably correct, as a weak dollar allows exporters of goods and services to lower their prices on a global competitive stage, which increases the competitiveness of exporters relative to their competition. This …
The profound effect of depreciation on exports and on GDP can provoke currency wars and harsh words among central bankers. … industraial waste land. There will be life-and-death competition in auto industry sooner or later, that Japan cannot lose to …
This erratic course should also shake the confident expectation in many circles that technical default and contempt of court must inevitably lead to devaluation — especially with the prospect of less dollars and more pesos for an indefinite future. On …
The spread can also be interpreted as a metric to measure eurozone break-up risk, as an EU country close to default would consider a return to its national currency, along with a forced debt restructuring and a competitive devaluation. Many eurozone …
As with Japan last year, G20 policymakers gathered in Washington for the annual meeting of the International Monetary Fund and World Bank are in a poor position to complain about competitive devaluation having demanded stronger European growth for so …
As with Japan last year, G20 policymakers gathered in Washington for the annual meeting of the International Monetary Fund and World Bank are in a poor position to complain about competitive devaluation having demanded stronger European growth for so …
There can ultimately only be losers in such competitive devaluation," he said. ECB President Mario Draghi said last week the ECB did not have a target exchange rate for the euro but policy loosening by the ECB at a time when the U.S. Federal Reserve is …