Tag "currencies"
Asia Pacific
Finance
Yuan turbulence bolsters China’s liberalisation efforts
The PBoC decided in mid-2015 to weaken the peg to the US dollar, triggering a yuan devaluation and market turbulence, but also opportunities for investors.
Economics
International
Weak currencies do not boost exports, study finds
According to new data from the European Central Bank, and contrary to popular belief, weaker currencies do not boost exports, as many firms cannot react in time to take advantage