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When currencies decline, the market often misjudges winners and losers. Types of companies that will benefit or hurt from currency devaluations. Thoughts on Mexico and specific companies that will do ...
Editor’s Note: This article is part of a symposium of views in The International Economy Winter 2016 issue on the effectiveness of currency devaluation on economic growth. The full symposium can be ...
(Bloomberg) -- Under Cairo’s baking summer sun, a forecourt of heavily discounted new Toyotas showcases a surprising side-effect of March’s dramatic currency devaluation: prices for big-ticket items ...
(Bloomberg) -- Egypt is mired in a grueling economic crisis that’s left its 105 million-plus people gripped by uncertainty, but one thing seems all but assured: another currency devaluation is likely ...
CURRENCY devaluations by major countries were once regarded as cataclysmic events likely to cause global shock waves that would disrupt trade, employment and international investment. Last week, when ...
A fresh round of IMF bailouts is under way, and some of the world’s most indebted nations will have to sacrifice their currencies to get them. The year has already seen three debt-laden countries — ...