This month’s special survey focuses on the extent to which exchange rate movements are influenced by a range of different factors, including relative growth, inflation differentials, the trade balance, interest rates and equity investment flows. We include the Chinese renminbi and the Russian rouble  among this month’s spotlights, following a major shift in FX dynamics for both. The former is widely considered to be undervalued and almost certain to appreciate over the long-term. Yet its sudden slide in mid-February has raised questions about shorter term fluctuations and…..

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s