Sentences with phrase «of currency devaluation»

It has become common practice for upwardly mobile Africans to convert their financial assets in order to protect them from the negative effects of currency devaluation.

Currency Wars Battling the unknowns of currency devaluation Reuters A tough game to play, particularly w / changed policy in Japan $ $ Feb 09, 2013 This is what a currency war looks like Japa...

In addition to the potential diversification benefit, the S&P 500 Dynamic Gold Hedged Index could possibly protect portfolio returns from the effects of currency devaluation.

A country that is bedevilled by low industrial growth, mass unemployment, poverty, illiteracy and poor infrastructural / facility development can not be thinking of currency devaluation as an option to getting out of her economic woes.

If anything, an «internal devaluation» is precisely something you may be forced to do if the far superior (for people) solution of a currency devaluation is not available.

Bloomberg reports that China could boost its gold purchases from Hong Kong as much as 50 percent this year over concerns of currency devaluation, a slowing real estate market and shaky stocks.

Not exact matches

Further, China's devaluation of its currency, the renminbi, in August and imposition of investment restrictions made people in the country — which has long vied with India as the top physical gold market — less able to buy gold.

Devaluation means a deliberate attempt by a government or central bank to lower the value of its currency in foreign - exchange markets.

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.

As long as countries maintain weak - currency policies, the risk of other countries resorting to competitive devaluations will remain.

Although it's often cast as a means of spurring domestic consumption, some economists argue the real objective is currency devaluation.

Without a single currency, Greece could respond to crises with the sort of mechanisms it has in the past — devaluation and inflation.

Its surprise devaluation also triggered other governments to drive their currencies lower, roiling financial markets and spreading fears of a currency war.

As the economy continues its rocky recovery, policy - makers are quick to point out that core inflation, the key measure upon which the Bank of Canada depends to set monetary policy and stave off destabilizing devaluations of currency, remains in check.

The admission may provide further ammunition for a recent Malaysian government crackdown on foreign banks trading in the ringgit in offshore market, seen by bankers as an attempt to curb a devaluation of the currency.

In recent years, investors have had to cope with plenty of uncertainty: three summers worth of the Greek default crises (2010, 2011, 2012); the US «fiscal cliff» in early 2013 and the government shutdown that October; the Ukraine - Russia conflicts; the collapse in oil prices; China's slowdown and currency devaluation; and now, Brexit.

A Chinese currency devaluation is less of a concern than a Chinese slowdown, with real GDP forecast to be down 0.2 percentage points.

In the last two months, the economic news coming out of China was both depressing and worrying: a spectacular stock market crash, a sudden currency devaluation, and anemic economic activities suggesting that the economy will miss the official target of 7 % annual growth for 2015.

And that's how the currency devaluation in China can ripple through the global economic ecosystem to ultimately impact not just how much you pay to watch House of Cards, but the price of a gallon of milk on your local supermarket shelf.

The devaluation has caused turmoil in markets all over the world this past week due to fears of a global trade imbalance and currency wars.

China's surprise devaluation of its currency is an admission of economic weakness and could delay the timing of the Federal Reserve's expected U.S. interest rate hike, strategist Boris Schlossberg told CNBC on Tuesday.

Much was made of the G20's written pledge to «refrain» from currency devaluations.

Bitcoin claims to provide Web buccaneers with a secure store of value free from the risk of government confiscation or interventionist devaluation, making it the currency of choice for old - fashioned money - launderers and modern - day snake - oil salesmen.

The renminbi was up despite mounting fears that China might have embarked on a devaluation track of its currency to help stabilize the local export sector, along with alleviate deflationary pressure and incentivize inbound tourism.

Devaluation risks are much less of a concern to investors now compared with the near panic in 2015 when the currency fell by a few percentage points.

These events corresponded with a period of U.S. currency devaluation following the 2008 Financial Collapse and an extraordinarily weak U.S. dollar (Figures 13 and 15).

Last week was another difficult one for stocks, marked by a bruising mid-week selloff triggered by China's surprise devaluation of its currency.

Most investors, including myself, buy physical gold not to make a profit, but to hedge against inflation, stock market crashes, currency devaluation, and all other sorts of financial crises.

It was also lower than Wednesday's close and comes after China adopted a more market - oriented method of calculating the currency rate in a move widely seen as a devaluation.

The deal will also establish a side agreement between the United States and South Korea that is intended to deter «competitive devaluation» of both countries» currencies — which can artificially lower the cost of imports bought by consumers — and to create more transparency on issues of monetary policy.

Their final «stylised fact» provides an accurate description of the subsequent Asian problems: «The «over-borrowing» episode culminates in a financial crisis, capital flight and recession — often forcing an uncontrolled deep devaluation of the currency, with a resurgence of inflation.»

Many investors have invested in bitcoin to avoid global markets volatility and devaluation of reserve currencies.

At the time, the troika was credited with saving the world's financial markets from collapse and slowing the spread of the «Asian Contagion,» a wave of financial market panic that began with the rapid devaluation of Thailand's currency and spread to other parts of Asia, Russia and Latin America, soon affecting the real economy as well.

KF: so it's interesting what's happening on the world trade frontier we're seeing this new age of protectionism becoming more and more prevalent with currency devaluation and recently the Swiss franc had a cap placed on it.

Rest of World net sales were $ 798 million, down 15.6 percent versus pro forma net sales for the year - ago period, due to a negative 26.0 percentage point impact from currency, including a negative 17.0 percentage point impact from the devaluation of the Venezuelan bolivar in June 2015.

Adjusted EPS is defined as diluted earnings per share excluding, when they occur, the impacts of 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 and timing impacts of preferred stock dividends.

To do so would either create massive hyperinflation (devaluation) of our current fiat currency, massive swings (politically rather than market driven) in the price of the metal, or create such a high conversion rate as to be nearly meaningless.

As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern Europe).

The impact of the kwanza's further devaluation against the dollar would be significant because 78 % of the government debt was denominated in or linked to foreign currencies (primarily the US dollar) at the end of 2016.

The Company calculates the impact of currency on net sales by holding exchange rates constant at the previous year's exchange rate, with the exception of Venezuela following the Company's June 28, 2015 currency devaluation, for which the Company calculates the previous year's results using the current year's exchange rate.

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).

Adjusted EPS is defined as diluted earnings per share excluding, when they occur, the impacts of integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, and nonmonetary currency devaluation (e.g., remeasurement gains and losses), and including when they occur, adjustments to reflect preferred stock dividend payments on an accrual basis.

Adjusted EPS is defined as diluted earnings per share excluding, when they occur, the impacts of 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 U.S. Tax Reform, and including when they occur, adjustments to reflect preferred stock dividend payments on an accrual basis.

Over the past five years, the economy has been through a number of shocks, including the eurozone crisis, the fiscal cliff, China's surprise currency devaluation in the summer of 2015, and the shale oil bust.

The situation in Russia and Ukraine and the devaluation of the Russian currency have resulted in two opposite trends.

(1) What is the risk that the fiat currency in use in my nation will experience a further rapid devaluation event, and do I have too great of a percentage of my savings in this currency?

Even with the rapid devaluation in purchasing power of literally dozens of Central Banking fiat currencies worldwide in the past decade, billions of people still cling to the «It Can't Happen to Me» syndrome.

«This would affect those on a lower income the most, with a significant devaluation of the new currency, by 65 percent, and financial contraction of 22 percent on top of the (GDP) reduction of 14 percent that occurred between 2009 and 2011.»

As the USD is the largest component in the basket of global currencies against which other currencies» purchasing power are measured, and the ruble lost 58 % in valuation versus the USD just from June 2014 to January 2016, I would dare claim that a 58 % devaluation qualifies as a crash.

When I wrote an article detailing the best reason to own physical gold and silver in coming years, and in that article, detailed recent strong devaluations of global fiat currencies, including the crash of the Russian ruble in recent times, someone sent us an email, in response to that article, that effectively stated, «I'm Russian, and the ruble never crashed, you idiot.»