You'll have periodic financial disruptions followed by Germany bludgeoning the periphery countries to make more “reforms” in order to facilitate more internal devaluations in the periphery. The problem is that internal devaluation is not … And the …
The currency's depreciation can be attributed to multiple factors, including the current speculative attack on the rupee, shrinking foreign capital inflows and the trade gap. But the new factors responsible for the decline in the rupee are the …
Although they don't possess some of the risks that Indofood does (business almost exclusively in emerging markets, currency devaluation, etc), the competitive moat of Indofood and the long term growth potential means the company should deserve a higher …
Secondly, there is the push towards 'genericization', and thirdly, competitive intensity has increased because everybody is launching everything. Big pharma is … We gain on the P&L substantially due to rupee depreciation and margin expands. On the …
In fact, it is this rate that would make Iranian exports competitive in regional markets. So, if the rate of 32,000 rials to the dollar is more realistic, why not adjust the official … have unwanted inflationary impacts on the already vulnerable …
Nevertheless, the company operates in a highly competitive market, an adverse regulatory environment whose board is paralyzed by an ownership battle and requires large capital expenditure to maintain and grow its customer base. IV) Balance Sheet …
On the back of stagnating exports, rising import bills, a crippled banking sector and our expectations for a hryvnia devaluation, the outlook for the Ukrainian economy, construction and real estate sector is dim. While the ongoing slowdown in global …
Following the 2001-2 crisis, Argentina grew at 9% per year thanks to an ultra-competitive exchange rate (GDP per capita in 2002 was around U$2,500 in current dollars, comparable with a low-income country), high unemployment and unused capital in the …
It ended up kicking off liberalization framework, but for me by having a devaluation of such a large magnitude, what has happened is that suddenly India has become very competitive. We were losing business or services of manufacturing to various other …