This is likely a result of last year's bouts of devaluation that hit both the Indian rupee and Indonesia rupiah following the start of tapering in June 2013, while fears that further cuts to the monetary easing programmes will provoke further …
Other significant contributors to growth were ZYTIGA, XARELTO, STELARA, INVOKANA and INVEGA SUSTENNA or XEPLION partially offset by lower sales of CONCERTA and ACIPHEX due to generic competition. The strong results for ZYTIGA in the …. However, the …
Typically, we teach that lower prices is the right recipe to engineer a real exchange rate devaluation that helps regains competitiveness and improve growth (but when we do so, we ignore the other potential negative effects of low prices or inflation …
“We will continue to press Japan…to refrain from competitive devaluation and targeting its exchange rate for competitive purposes,” the April 2013 report said. At around 102 yen to the dollar in Wednesday trading, the yen is actually a bit weaker than …
Typically we teach that lower prices is the right recipe to engineer a real exchange rate devaluation that helps regain competitiveness and improve growth (but when we do so, we ignore the other potential negative effects of low prices or inflation …
The sharp devaluation of the Ukrainian currency, the hryvnia, over the past six months has further raised its dollar-denominated interest payments on the loan, while the higher cost of borrowing from local banks has offset the positive benefit for its …
In the April 2013 G20 communique, members said, "We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes, and we will resist all forms of protectionism and keep our markets open." The G20 April 2014 …
It establishes a new currency that would immediately devalue. To lock in the competitive gain – to turn it into a real devaluation – would require a central bank with a credible inflation target and sufficiently deregulated labour and product markets …
But there's a flipside to that coin. For example, even though Greece and Spain's painful internal devaluation has resulted in a competitiveness gain of approximately 5 percent vis a vis Germany, the euro has appreciated 7 percent against the dollar and …