This has served to
weaken currency values and wreak havoc with both current and capital accounts.
Not exact matches
«Yield spreads over developed market bonds are reasonable, and the opportunities for adding
value are more extensive, although emerging market
currencies may need to
weaken further in the short term.»
«China has paved the way for a further
weakening of its
currency by announcing changes in how it measures the
value of the renminbi, raising investors» alarm at the prospect a new
currency war just as the US prepares to raise interest rates» (FT, 12/12/15).
The
value of such investments can change significantly as
currencies strengthen or
weaken relative to the U.S. dollar.
When USD is the base
currency and the quote goes up, that means USD has strengthened in
value and the other
currency has
weakened.