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Competitive Devaluation

Fitch Affirms Gerdau's IDRs at 'BBB-'; Outlook Stable
www.marketwatch.com

Partially offsetting this price gain is the fact that 78% of the company's debt is denominated in USD as of March 31, 2013, with the BRL devaluation impacting the company's leverage ratios. The company … An upgrade or positive Outlook for the ratings …

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The Coca-Cola Company Reports Second Quarter and Year-to-Date 2013 Results
online.wsj.com

economic slowdown, poor weather and competitive activity such as package upsizing. Despite this, still beverages grew 4% in the quarter, driven by juices and juice drinks and packaged water. …… Investments and $140 million for Corporate due to the …

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G-20: Russia FinMin: BRICS Worried About Spillover Effects From US QE Tapering
online.wsj.com

Unlike in the previous meeting of G-20 finance ministers and central bank governors, held in Moscow in February, the danger of competitive devaluation has eased and is not on the table, Mr. Siluanov said. He also said the BRICS countries continue to …

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G20 targets rebalancing, flexible exchange rates – draft
uk.reuters.com

"We reiterate our commitments to move more rapidly toward more market-oriented exchange rate systems and to refrain from competitive devaluation." The text did not specify hard-and-fast debt targets, saying fiscal strategies should be "credible, …

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G20 Ministers Push for More Growth and Jobs
www.hispanicbusiness.com

In an apparent reference to criticisms of Chinese monetary policy, the communique called for "more market-determined exchange rate systems and exchange rate flexibility" and an end to "competitive devaluation" and using exchange rates "for competitive …

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Listed investments to keep climbing
www.iol.co.za

“So while the recent rand devaluation may have prompted a small amount of local listed property disinvestment, the fact that it fell so fast but hasn't continued on that trajectory means most investors will probably have elected to sit tight for now …

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Check Point Software Technologies Management Discusses Q2 2013 Results …
seekingalpha.com

This is always encouraging as the U.S. market is the largest, most sophisticated and competitive market in the world. Europe provided solid … In particular, in Japan, there was a devaluation of 23% in currency, resulting in reduction to our dollar …

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TEXT-Closing communique from G20 finance ministers meeting
www.reuters.com

We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes. We will resist all forms of protectionism and keep our markets open. 7. Monetary policy should be directed toward domestic price stability and …

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DEPARTMENT OF FINANCE OF CANADA : Communiqué of Finance Ministers …
www.4-traders.com

We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes. We will resist all forms of protectionism and keep our markets open. 7. Monetary policy should be directed toward domestic price stability and …

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