Sentences with phrase «of currency depreciation»

After all, it was just two years ago when a «taper tantrum» — or the talk of an end to the Fed's bond - buying program hit emerging markets such as India and South Africa with a wave of currency depreciation and capital flight.
Even though some people say that the dollar is going straight to hell because of currency depreciation, it still is relatively safer compared to other currencies like the Euro and the Yen.
If the Chinese surplus should rise against the U.S. after a decrease in the trade deficit with Mexico, the U.S. must then do the equivalent of a currency depreciation via a tariff against Chinese goods to force a rebalancing of trade which to me seems like a reasonable plan.

Not exact matches

The PBoC described the devaluation as small compared with the yuan's appreciation in recent years or the depreciation of the currencies of its economic rivals in Asia and Europe.
A country's trade balance typically worsens after the depreciation of its currency before any subsequent rise in exports.
In a statement addressing the company's demise, Hansen said that while there were fans of Mexx's latest collections at both the industry and customer levels, «macro-economic headwinds» including a slowdown in retail sales in Europe, Russia's currency depreciation and Eastern European political unrest meant the company's health couldn't be revived to fighting form.
Then last week, the government announced a depreciation of the country's currency, stoking fear that the economic slowdown there was even worse than it had let on.
A number of American industries face stiff competition from China that is aided by depreciation of China's currency.
In the past few weeks, though, the focus of the worry has quickly turned from domestic to international, with countries from India and Indonesia to Brazil hit by massive capital outflows and rapid currency depreciation.
Russell told CNBC that the depreciation of the Malaysian currency has more than offset the benefits that cheaper oil have on the price of fertilizers, resulting in higher input costs for the tea grower.
«Clearly, currency depreciation alone is no panacea for a quick revival of Canada's manufacturing heartland,» Marion said in a research note.
Because most wealthy Chinese seem to think about RMB in terms of USD or Hong Kong dollars, it is the fear that any depreciation of the RMB against those two currencies (the Hong Kong dollar is pegged to the USD through a modified currency board) greater than the couple of percentage points interest rate differential would yield less than equivalent USD or Hong Kong dollar bonds.
Control of the short rate is possible because monetary policy shifts the expected rate of currency appreciation or depreciation.
Unless these firms» net foreign currency liabilities are hedged, a depreciation of the Australian dollar could result in a deterioration of their balance sheet positions — by increasing the Australian dollar value of their liabilities relative to their assets.
A long position in a foreign currency derivative is one that would profit from a depreciation of the Australian dollar against that foreign currency.
Meantime, Japan's awakening from its long slumber has been good to see, although it is not clear if the economy there will continue to benefit from the depreciation of its currency, the yen.
The combination of a strong dollar and weak commodity prices led to sizeable depreciations of the currencies of net commodity exporters.
But the value of a currency is built on its reputation, and five months of bad news and depreciation have done serious damage.
Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).
The net benefits of lower oil prices and currency depreciation coupled with an already evident US rebound may not have been given enough time to lift GDP growth in other regions of the country.
In contrast to the movements of the euro and the yen, EM currency depreciation has been ongoing.
What matters more is whether this change ushers in a period of sustained currency depreciation.
In late November, China's foreign exchange agency released a three - line statement saying it was set to increase its scrutiny of outbound merger and acquisition (M&A) transactions in an attempt to combat «fake deals», which are put together simply to move renminbi offshore to avoid an anticipated depreciation in the Chinese currency.
The central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, making it more expensive to bet on further depreciation of the yuan.
James Hunt, portfolio manager of the Tocqueville International Value Fund (TIVFX), answers questions about the fund, the state of various international markets, currency depreciation and the decline in oil prices.
I agree with the Accumulator's points about Global Index linkers but would point out that a Global Equity fund would also give a measure of protection against home - grown inflation via currency depreciation as well as capital / income growth.
Between late 1998 and the middle of 1999, the Australian dollar appreciated by around 6 per cent, both in import - weighted terms and against the major currencies, retracing around half of the earlier depreciation.
The point which Ben very appropriately emphasizes is that unmanaged secular stagnation in one place is contagious — that a higher level of saving over investment leading to low interest rates in one place, leads to current account surplus, leads to a capital outflow, which then leads to currency depreciation, leads to currency appreciation in other places, and leads therefore to spreading low demand and low interest rates everywhere.
Regarding U.S. monetary policy, the IMF said it still remains «very accomodative,» but that the possibility of future rate hikes «have contributed to tighter external financial conditions, declining capital flows, and further currency depreciations in many emerging market economies.»
Conversely, inflationary pressures in the tradable sector will be generated by any depreciation of the exchange rate, although it can take some time for currency movements to be reflected fully in the prices of imported consumer goods and services (Chung, Kohler and Lewis 2011).
That said, from the point of view of unhedged U.S. investors, FTSE 100 holdings still lost a lot of their value, reflecting the currency depreciation.
Finally, the extent of internal policy incoherence was accentuated by the currency depreciations caused by the sudden midyear reversal in cross-border capital flows.
Hence, as a result first of large depreciations of a number of Asian currencies during the Asian crisis of 1997 and 1998, and then their more recent decline with the US dollar, the Australian dollar is now some 60 per cent higher than its post-float average against a group of Asian currencies (Graph 23).
The Group of 20 in Seoul Korea last week accused the United States of competitive currency depreciation and financial aggression, and countries stepped up attempts to shun the dollar and indeed, to avoid running trade and payments surpluses as such.
Events in global foreign exchange markets have been dominated by the depreciation of the US dollar against all the major currencies that freely float against it.
To a lesser extent, Singapore and Taiwan have also lost competitiveness in foreign markets, having had smaller currency depreciations than those of the initial crisis - affected group.
A number of countries in the region whose currencies have been tied to the US dollar (including China, Hong Kong and Malaysia) have benefited from its decline, with real depreciations aiding export growth.
You'll notice that many of the YTD returns are different when adjusted for local currency appreciation or depreciation and the relative devaluation of various emerging market currencies is another theme that has come to the fore in 2014.
Earnings in Indonesia were also expected to fall this year because of increased competition from new rivals such as Big Cola, rising labour and fuel costs and currency depreciation.
He speaks on issues in 2016 budget, the need for the Federal Government to prevent currency crisis in Nigeria, the decline in Nigeria's foreign trade by N2.5 trillion and depreciation of the naira.
The projected increase has been linked to a number of international indicators as well as a slight depreciation of the local currency.
For it seemed to the creators of OCA, and continues to seem now, that changes in relative prices and wages are much more easily made via currency depreciation than by renegotiating individual contracts.
Data recorded from the foreign exchange market by IES Economic Unit suggests a fairly stable local currency, as the Ghana Cedi closed trading at Ghs 4.55 to a U.S. Dollar, with a depreciation of 0.89 %.
The marginal depreciation of the country's currency has also affected oil prices.
Concluding its prognosis of the foreign currency market situation, Cowry Assets analysts stated, «this week we expect further depreciation of the Naira at the alternative market segments on aggravated supply scarcity buoyed by the closure of CBN's window to BDCs».
This was largely due the stabilized depreciation of the Ghana Cedi against major trading currencies and the relative increase in power supply.
A Deputy Minister of Finance with the Mahama administration, Kweku Ricketts - Hagan, has blamed the Akufo - Addo government for the fast depreciation of the cedi against some major trading currencies.
Hedging would be a plus when the Canadian dollar strengthens, because a depreciation in foreign currencies reduces the value of those foreign holdings.
What is more clear is that an increase in price inflation, or greater currency depreciation would leave a sour taste in the mouths of buyers of Treasury securities.
A deep ITM currency option (FX option) where the strike currency has a lower interest rate than the currency to be received will often be exercised early because the time value sacrificed is less valuable than the expected depreciation of the received currency against the strike.
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