Posts Tagged ‘Exchange Rate Policy’

Global FX Wars: Competitive Devaluations Shift Into A Higher Gear

The US Federal Reserve has declared war on deflation by announcing QE 2.0, taking the ongoing competitive debasement among major central banks to the next level. Not only has this seen the US dollar weaken sharply against FX majors, such as the euro, Japanese yen and the Swiss franc, but perhaps even more notably, the… [Read more]

 
icon for podpress  Standard Podcast [15:28m]: Play Now | Play in Popup | Download

CFA Franc (West): No Devaluation In Sight

With all the discussion about the sustainability of currency unions lately, I thought it would be appropriate to see how developments in the eurozone and elsewhere were impacting Africa. Although few people may realise it, there are no less than 14 West African economies sharing a common currency, the CFA franc, which is in turn… [Read more]


© 2012 Business Monitor International Ltd About Us | Contact Us