Rather than see the 30% euro appreciation that would follow from the ECB's current monetary policy, German exporters would scream for measures to prevent America's “competitive devaluation,” finally bringing about moderate inflation in the north rather …
Argentina's big soybean producers — seven companies account for 82.4% of soya exports, which are 40% of total exports (3) — took advantage of the fragile financial situation last year to demand a devaluation of the peso, which would boost the value …
But a more immediate question is whether there might be competitive devaluation between the two neighbours, since close trade ties give the “Nokkie Stokkie” rate a big weight in their effective exchange rates. The Norwegian krone fell on Thursday on …
Competitive pressures continue, and a port strike in Chile during January caused a 15% volume decline. EBITDA in this market decreased 32% overall quarter-on-quarter. Brazil also faces competitive pressures due to additional capacity coming in, which …
At present it is not in our core scenario for Belarus to experience a significant devaluation of the rouble before the 2015 presidential election. We believe Russian financial assistance will be enough to support the continuing managed devaluation of …
He added that the cement industry has spent millions of dollars to switch its plants from the expensive furnace oil in order to produce cheaper cement for the country's consumers as well as making prices internationally competitive. Mr Tabba said that …
And despite the negative impact that the devaluation has had on the domestic economy, it has yet to pay dividends for the external account; the goods trade surplus continues to shrink relative to GDP, and we have recently revised our forecasts to …
INFLATED water usage charges in the State's north could push fodder producers out of the market as they struggle to make a profit. The Australian Competition and Consumer Commission's (ACCC) decision to increase Peel Valley usage charges by 10 per …
This spiral finds its origin in the policy of internal devaluation itself, a policy that is now firmly established in Greece with prices and nominal wages falling year after year. The problem with this is that debt burdens are nominally rigid and …