Sentences with phrase «recent currency devaluation»

Many have speculated that the recent increase in the price of bitcoin ($ 542 USD on Bitfinex at time of publication) can be traced to China, where Bitcoin trading has doubled on some exchanges in the last four days as Chinese investors respond to a recent currency devaluation, and look for ways to avoid the government's stringent capital controls.

Officials for the People's Bank of China insist that the yuan remains strong, despite the recent currency devaluation.

Following its recent currency devaluation, a more competitive China should prove to be a good thing for Western Australia's export industries, but there will be some pain in achieving that possible future benefit because no - one knows how other countries will react to the China surprise.

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.

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.

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.»

This statement had much to do with the recent devaluation of the Japanese Yen and the fear of a currency war emerging as countries seek out a weaker currency to help stimulate domestic growth.

This result is especially impressive considering the recent currency headwinds — Venezuela currency devaluation negatively impacted EPS by 45 cents in the fourth quarter of fiscal year 2014 alone.

I'm certainly not the first person to re-evaluate Ultimate Rewards in light of recent devaluations by several of its transfer partners, but I will try to put my own spin on the topic as always.By... [Read more...] about Is Chase Ultimate Rewards Still the Best Rewards Currency?

Up until last year that would have been a reasonable deal for an airline currency like American's but their recent spate of devaluations has seen the value of AAdvantage Miles plummet.

The recent repeated devaluation of the local currency is just the most current example of the same.