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Competitive Devaluation

'Halt this madness of devaluation' – Shaw
jamaica-gleaner.com

'Halt this madness of devaluation' – Shaw. Published: Thursday | April 24, 2014 Comments 0. Audley Shaw makes his contribution to the Budget Debate in Gordon House on Tuesday. – Jermaine Barnaby/Photographer. Edmond Campbell, Senior Staff …

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Procter & Gamble Profit Rises On 6% Boost In Home Care Products
www.forbes.com

However, this 90-cent per-share figure includes charges related to the currency devaluation in Venezuela — which the company warned of in February — and P&G said that it does not view these items to be part of its sustainable results. Excluding a 10 …

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Swaggering unarmed in the global currency war
www.macrobusiness.com.au

In short, we're traversing an echo period of competitive monetary devaluation in which the US dollar is held down, commodity-intensive emerging markets are seen as the growth driver and real assets are seen as value protection. This is putting upwards …

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Time to stop worrying and learn to love a stronger pound
www.ft.com

Then, finally, we devalue and the consequences are not nearly as bad as people thought. … Traditional economic models say the opposite, that a higher exchange rate will hurt growth by making UK goods less competitive and so hurting the trade balance.

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How to run the euro area
www.japantimes.co.jp

In a number of euro area countries with a history of frequent devaluation against the German mark, deeply embedded expectations of higher inflation than the European Central Bank (ECB) was ever likely to permit persisted even after they joined the euro …

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Intervention Cease-Fire Making Victors of Asia Bulls: Currencies
www.bloomberg.com

… since September. South Korea and Taiwan stepping back from intervention marks a pause in Asia's currency war, a term coined in 2010 by Brazil Finance Minister Guido Mantega to describe the competitive devaluation of exchange rates to boost exports.

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International Business Machines' Management Discusses Q1 2014 Results …
seekingalpha.com

Currency was also a headwind to our profit performance, reflecting impacts from the yen and the devaluation of the Venezuelan currency. This quarter, we improved gross margin by 90 basis points, driven by services and our ongoing mix to software …

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Business Monday: Fixed exchange rate serves small open economy well
www.barbadosadvocate.com

The reason is that SVOEs have limited human and physical resources, and they can achieve internationally competitive scale in only a handful of activities. “A depreciation of the exchange rate therefore serves no good purpose, and it has the adverse …

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US dollar exchange rate at Br10,000 in several Belarusian banks
news.belta.by

The gradual reduction of the national currency's value allows increasing the price-based competitive ability of exporters. Alexander Mukha … The devaluation rate may be accelerated but I believe that there will be no one-time devaluation as large as …

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