(Bloomberg) -- Africa’s largest economy is expected to devalue its currency after elections in February by the steepest margin in six years to align it with market perceptions, according to a survey ...
Egypt reappointed Hassan Abdalla as acting central bank governor but without giving him a full four-year term, leaving the ...
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Robert Lighthizer, a former U.S. trade negotiator and a potential Treasury Secretary pick for a second Trump administration, is reportedly discussing ways to devalue the dollar in order to reduce the ...
Currency devaluation occurs when a government deliberately lowers the value of its national currency compared to other currencies, primarily under a fixed or semi-fixed exchange rate regime. This ...
SHANGHAI (Reuters) - China shocked global markets on Tuesday by devaluing its currency after a run of poor economic data, a move it billed as a free-market reform but which some experts suspect could ...
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 ...