… the explanation has to be a combination of the worry that the US data looks far too mixed for the Fed to consider a taper any time soon while the ECB can't join the competitive devaluation game and the UK data is improving sufficiently to keep …

The temptation for central banks to engage in competitive devaluation is fading as rising Treasury yields diminish the allure of assets in emerging markets, Bank of Israel Governor Stanley Fischer said. "All those who've been worrying about so-called …

In an interview published Thursday Takehiko Nakao, vice minister of finance for international affairs, told the Wall Street Journal "Japan has no intention whatsoever of competitive devaluation of the yen". Japan should not be criticised if well …

That would give exporters more local-currency earnings with which to repay debt. But competitive devaluation can't work for everyone. Having spent the last four years battling inflationary capital inflows from the West, Asia's monetary doctors must now …

For instance, exporters of electronics products are taking a hit because of the rupee's depreciation, as 70-80% of electronics are imported in the country and then re-exported after value addition. Moreover, experts say that the advantage of currency …

Without bringing the price of the Jamaican dollar into alignment with its real competitive value, none of this will be possible. This is called devaluation: a word for which today's politicians have a mortal fear. Devaluation, however, is a necessary …

"Apart from turning Brazilian ethanol more competitive in external markets, the devaluation of the real can put more pressure on the government to allow a new increase in gasoline prices." The real fell 5.8 percent against the dollar over the past …

This form of internal devaluation — an equivalent to currency devaluation based on depressing wages — has fueled an export boom and made the German economy more competitive than other eurozone countries. A relatively weak euro compared to what it …

The strengthening of US dollars has resulted in currency devaluation in various other countries like Brazil, Turkey and Japan, and it is this competitive positions the country has to look at to determine whether the currency devaluation has benefited …