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Competitive Devaluation

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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The 1991 crisis playbook
www.livemint.com

Indian exports were not competitive, so the country was unable to earn enough dollars to pay for its imports. The obvious response is currency devaluation. That is what was done in July 1991. India then had a fixed exchange rate. Now it has a more …

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Tories take on wireless market simplistic: Tim Harper
www.thestar.com

Moore should be pushed on questions of the fate of Canadian jobs, the devaluation of Canadian companies and long-term competitive outlooks, not dealing with slings and spies. The minister likes a good fight. The telecoms should give him one — on …

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BUSINESS IN BRIEF 20/8
english.vietnamnet.vn

According to international analysts, the State Bank's devaluation of the dong by 1 per cent against US dollars in late June did not reflect Vietnam's foreign currency tension. “From 2011, Vietnam's exports always surpassed those of … Movitel, a joint …

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The IMF, Spain And The Return Of The Confidence Fairy
www.social-europe.eu

At the same time, one should not overlook the fact that the real policy agenda of the IMF and others is to continue with labour market deregulation and internal devaluation of wages. The IMF and others basically want to do in Spain what they have …

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Sonianomics is to blame for rupee, Sensex crashes
www.moneycontrol.com

A weak rupee allows the Indian economy to adjust fiscally and become competitive again. As TN Ninan points out in his incisive column in Business Standard today , in both the times when the rupee was seriously devalued in history (1966 and 1991), the …

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PHX Energy Services Corp. Reports Record Level of Activity and Revenue for a …
www.marketwatch.com

These performance measures include earnings before interest, taxes, depreciation and amortization ("EBITDA"), EBITDA per share, funds from operations and funds from operations per share. … in a manner consistent with past operations; the general …

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Three Upcoming Currency Trading Opportunities
wallstreetsectorselector.com

The central banks are in crisis mode and their competitive, easy-money policies mean we'll continue to see powerful currency movements as we have had recently. This currency crisis/opportunity will benefit short- & medium-term traders in particular. As …

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LANXESS AG (LNXSF.PK): Lanxess' CEO Discusses Q2 2013 Results …
seekingalpha.com

It's also a functionality of market prices, we have to observe and we have to face reality that in the competitive landscape we have right now, market prices have been driven down substantially and this is because of the temporary weakness of our …

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