South Korea is increasingly frustrated and the government is reportedly considering as much as KRW1.9 trillion 'risk insurance' for Korean exporters, hurt by the yen's competitive devaluation. In addition, China may also harangue against the reliance …
With two years left in her second term, food prices are being pumped higher in part by the devaluation of the peso. Polls show her … Locked out of the global bond market since its 2002 default, Argentina wants a more competitive peso to strengthen …
"It's going to be not only an inconvenience, but there are safety concerns and property devaluation concerns," said Huff. "That road was built specifically for the … Foose said the Hampton Inn is working to stay competitive. "The only way to keep up …
“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% to $1.0750 per U.S. dollar at 1:57 p.m. in Toronto. It reached $1.0762, the weakest since …
It needs France and Italy to introduce vital reforms and enter Europe's competitive devaluation war. Both countries must liberalise the labour markets and the non-traded sector. France has made some movement towards wage moderation, but its adjustment …
the global competitive devaluation currency war game with more forceful policy. This was after the ECB's chief economist Peter Praet suggested in November that asset purchases were an option at some point. As long as the ECB merely throws around …
That is why many countries around the world work to weaken their local currencies as compared to other currencies, thereby giving themselves a competitive edge over other countries in the global marketplace. This phenomenon has been called the currency …
Competitive devaluation through currency fragmentation · Izabella Kaminska. Izabella Kaminska joined FT Alphaville in October 2008. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP's internal …
Barbados has special policy burdens because it has elected to maintain a fixed exchange rate regime and to eschew devaluation. It has held the exchange rate at BD$2:US$1 since 1975. The first burden is that the real effective exchange rate has been …