The Australian reported last week that economists believed the 10 per cent fall in the Australian dollar since May would make local businesses more competitive, lift growth and add to budget tax revenue. Mr Hockey warned of the downside to the change …

If the Fed sacrifices the US Dollar completely, we are going to have a 30% devaluation overnight, and the Hong Kong authorities will finally break the tie to the Dollar. The Hong Kong Dollar will have a new basket of currencies to base our currency on …

The Philippines, meanwhile, are looking at the 2014 Challenge Cup in March as their route to the same competition, as the champions of the tournament designed for emerging nations gain entry to the Asian Cup a year later. What's next for the …

If the Fed sacrifices the U.S. dollar completely, we are going to have a 30% devaluation overnight, and the Hong Kong authorities will finally break the tie to the dollar. The Hong Kong dollar will have a new basket of currencies to base our currency …

This change reflects our bearish outlook for global metallurgical markets next year, our expectations for hryvnia devaluation, and expectations of a retrenchment in government spending. We have adjusted our expectations for Ukraine's fiscal deficit in …

According to dealers, the central bank was compelled to intervene as it deems the appropriate strength for the New Taiwan dollar at 30 against the U.S. dollar, in line with competitive devaluation observed among the currencies of regional competitors.

Internal devaluation involves squeezing costs, wages and asset prices at home, in place of devaluing a currency (which Portugal can't do, as it's part of the euro). The point is the population, rather than the currency, has to pick up all the slack …

However, the head of Russia's Central Bank has promised that there will be no competitive devaluation of the ruble. The environment for all emerging-market currencies has soured of late, as a drop in U.S. Treasury bonds has sparked a rush out of risky …

If the Fed sacrifices the U.S. dollar completely, we are going to have a 30% devaluation overnight, and the Hong Kong authorities will finally break the tie to the dollar. The Hong Kong dollar will have a new basket of currencies to base our currency …