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 …

The weaker real helps Brazilian manufacturers, making their products more competitive when priced in dollars. "The China news is really helping Vale, and other mining companies around the world," said Bruno … The Brazilian government has decided to …

Such support does not come as a big surprise: the European Commission has not exactly made it a secret that their intention is to replace the missing instrument of a currency devaluation with a devaluation of wages. … However, it would appear useful …

Exports to India would be affected as local products like garments – mainstay of Bangladesh economy – will lose competitive edge while import costs would fall by more than 10% or around $500m. “Devalued rupee is a bane for local exporters, but boon for …

The research paper noted that recent episodes had shown the pitfalls of a one-way bet against the peso as institutions without natural hedge against currency devaluation converted liabilities to dollars earlier in the year. It said the BSP would …

Retailers “all recognize the need to expand outside of South Africa, because South Africa is becoming increasingly competitive,” Roger Tejwani, a retail analyst at NOAH Capital Markets who has a hold recommendation on Foschini, said by phone from Cape …

Exchange Rate Policy and External Balance. The competitive boost from the April 2009 devaluation has been largely eroded by creeping real exchange rate appreciation, driven by partner-country inflation differentials. The real exchange rate is now …

New research by the University of Adelaide and Monash University reveals how much the high-value Australian dollar (AUD) harmed the Australian wine industry in recent years, and how exports could grow if the recent AUD devaluation is sustained. In a …

Ingredion has delivered solid, if occasionally volatile results over the past decade through some of the most difficult market conditions (i.e. currency devaluations, widely fluctuating commodities) and steadily returned 200-300bp over its cost of …