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“It is true that there are high prices in dollars [in Argentina], but devaluation is not the solution,” said the minister. “The solution is for them to go down and they will go down with less taxes ...
As the U.S. dollar witnessed its largest two-day decline in over two years, an economist argues the importance of devaluation for global growth while another expert explains the weakness to as a ...
President Lazarus Chakwera has faulted the 40 percent devaluation of the kwacha in 2023, saying it did not have the desired impact. He said it in part contributed to the soaring debt levels, which ...
According to the credit rating agency Moody's, a devaluation of around 20% of the Mexican peso against the US dollar would be imminent and might take place later this year or in early 2023 ...
Devaluation Risk Makes China’s Balance of Payments Interesting (Again) A deep dive into the details of China's balance of payments over the last few quarters of data. During the dollar's ...