The NZ$ has moved in a relatively narrow band in recent months, between US$0.82 and US$0.85/NZ$, reflecting resilience in Chinese demand, which has lifted sentiment toward commodity-exporting currencies. Low rates […]
The recent waning of Swedish export demand has brought the economy further in line with global economic fundamentals. In addition, domestic demand is weakening as investment activity slows and consumers […]
Over the past nine years, Venezuela has undergone five major devaluations and this month it has happened again. On Friday February 8, the Venezuelan government announced a devaluation of the bolivar […]
In March, the Brazilian central bank again left its SELIC rate unchanged at 7.25%, but in its monetary policy statement it hinted at the possibility of higher rates in order […]
According to Radhika Rao of DBS Bank, India’s finance minister unveiled a pragmatic and balanced budget on February 28, but attempting to meet the proposed targets will prove tough and […]
