"When we have the rupee falling dramatically in domestic terms, we call it inflation, but that is what rupee devaluation also means in domestic terms," Rajwade said. ET SPECIAL: Save precious time tracking your investments. In an interview with ET Now …
Meanwhile, Japan will continue to scoop demand out of the rest of the world, with its Abenomics-led competitive devaluation also stealing growth from the future. Really interesting is the following chart showing real effective exchange rates based on …
In the previous week Cabinet Chief Jorge Capitanich had been echoing complaints about soy hoarding but he was not really in a position to blame farmers — if devaluation of the official exchange rate was accelerating, the latter had every reason to …
So what the IMF is saying here, although in an implicit way, is that the strategy of the troika to squeeze wages in order to improve price competitiveness and increase exports is not really working. The internal devaluation strategy does show up in …
The populist argument that, by leaving the euro, a national economy will instantly benefit from a competitive devaluation, as it did in the good old days, does not hold water. If everybody tries to devalue their currency, nobody benefits. Ultimately …
COMPETITIVE DEVALUATION – been going on with greater or lesser intensity and focus the whole of the year. The orthodox reason being that in emergence from a recession, a lower exchange rate is a way to export more and therefore stimulate domestic …
A combination of deep recession, wage cuts and substantial spare capacity in the economy have pulled prices down, prompting internal devaluation that could render the Greek economy more competitive. Price dynamics are seen keeping Greece's inflation …
India is also on our radar, but the current political situation, rupee devaluation and low GDP growth is holding us back,” Neelesh Bhatnagar, CEO of Emax, told Gulf News. He said Emax is going to invest Dh300 million to open 50 outlets in the next …
Reservation is not always the means to induct a person with comparatively lower 'merit' than a competitive one, but always the instrument to neutralize the invisible hand of caste conscious malaises to let these play freely, even in reality many of …