At that point, Puerto Rico's strong ties to the United States became a liability because Puerto Rico could not adjust to bad economic times
with currency depreciation, but Puerto Rican people could adjust to bad times by moving to the mainland United States.
Not exact matches
This should not be confused
with depreciation, which happens when a
currency loses value due to what are deemed «normal market forces.»
For foreigners investing in Japanese stocks, the yen also poses a challenge, analysts said,
with the rapid
depreciation in the
currency — which has fallen 14 percent against the U.S. dollar in the past three months - mitigating gains in the market.
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 bank is, in common
with its American counterparts, concerned about people using its credit facilities to buy cryptocurrencies and then not being able to pay back the loan, due to rapid
depreciation in the virtual
currencies.
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.
I still do not agree, however,
with analysts who say the
currency is actually overvalued and call for a
depreciation, nor, more importantly, does the PBoC seem to agree.
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.
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.
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.
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).
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.
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.
To be clear, this should not prevent the ECB from hiking rates before 2021, but the result is a «soft guarantee» and a stronger case for policy divergence
with the US, which the ECB hopes will eventually result in
currency depreciation.
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 %.
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.
All have seen sharp
currency depreciation versus the U.S. dollar and are struggling
with rising current account deficits.
But equity investors don't necessarily have to care so much about inflation or
currency depreciation (two sides of the same coin), since they often tend to be compensated accordingly
with higher / lower underlying equity returns.
For the period ended May 31, 2011, the effect of warrants
with equity risk exposure held of $ (125,221,529), $ 304,186, and $ (205,075) for the Fairholme Fund, the Income Fund, and the Allocation Fund, respectively, is included
with Net Change in Unrealized Appreciation /
Depreciation on Investments and Foreign
Currency Related Transactions on the Statements of Operations.
Therefore, investing in a fund
with exposure to foreign energy stocks is a bit like a tug - of - war: some of your gains may be offset by
currency depreciation.
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You'd of course be able to offset that income
with the expense of mining the virtual
currency,
depreciation of dedicated mining equipment, electricity, not sure what else.