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Competitive Devaluation

Iran Infrastructure Report Q4 2013 – New Report Available
www.sbwire.com

However, the recent de facto devaluation of the rial by the Central Bank will increase the cost of imported construction materials, potentially prolonging the contraction of the industry. The Islamic Republic remains a country of pronounced risks …

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You Call This a Crisis?
online.barrons.com

By effectively printing dollars through the purchase of securities, Brazil argues, the U.S. was engaging in a competitive devaluation to boost exports and the American economy—to the detriment of other countries. That trend's reversal is roiling these …

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Rupee's free fall: How it will impact you
zeenews.india.com

But till the currency settles itself, let's have a look at how continuous depreciation of the Indian currency will affect the common man. … Also, a weak rupee will make Indian produce more competitive in global markets which will be fruitful for …

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Recent Study: Greece Business Forecast Report Q3 2013
www.sbwire.com

Boston, MA — (SBWIRE) — 08/23/2013 — The economic depression will linger in 2013 as deep fiscal retrenchment and internal devaluation take their toll. The prospect of further spending cuts and tax hikes will ensure that demonstrations and national …

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Jackson Hole Powwow – Sans Bernanke – Keys on Global Monetary Policy
www.moneynews.com

Policy makers from Latin America and Asia criticized the second round of purchases, which totaled $600 billion, as a threat to local economies, a spur to inflation and the start of a competitive devaluation of the dollar. Brazilian Finance Minister …

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Weak rupee good for current account, but immediate benefits for exports not …
blogs.economictimes.indiatimes.com

(Devaluation is under a fixed exchange rate mechanism.) Unfortunately, forces sometimes work in different directions. India may have a higher inflation rate than USA. For Indian exports of goods and services to remain competitive vis-à-vis US products …

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CBN's defence of naira hurting non-oil exports
businessdayonline.com

“Nigeria is unusual for not having a vociferous exporters' lobby to argue the case for (controlled) exchange-rate depreciation to give a competitive edge to exports,” FBN capital analysts led by Gregory Kronsten, said in a research note released …

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In sign of tourism upturn, hotel projects attract huge investments
ekantipur.com

Travel trade entrepreneurs have blamed the devaluation of the Nepali currency against the US dollar and unhealthy competition as the cause for Nepal becoming a price competitive destination. Now, a number of international franchises and chains are back …

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Rupee may hit 67/USD; India to underperform: Richard Gibbs
www.moneycontrol.com

A: You are right where those J curves start to kick in and exports getting cheaper and more competitive. Unfortunately for India the sweet of export options is rather limited, so unlike an economy like the United States and even the UK there probably …

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