Tag "Currency"
China: Lender of first (and last) resort
Contemporary political analysis, though firmly focused on the yet to be created AIIB, should be equally as focused on the poorly covered Chinese bilateral lending relationships that already exist. China’s
Argentina cries for openness and foreign investment
For the last three years, Argentina has banned access to currency exchange for individuals and companies based in the country. While this ban started as a way to discourage use
Where to invest in 2015 in Asian emerging markets
We are at crossroads of diverging monetary policies. GRI’s analyst Tanya Rawat breaks down what this means for investment in emerging markets (EM) in Asia. The U.S. gets ready to
Kazakh currency devaluation triggers fuel shortage
The devaluation in February of Kazakhstan’s currency, the tenge, could have far-reaching effects on the availability of fuel in Kyrgyzstan and Tajikistan. On February 11, 2014, the National Bank of
Renminbi depreciation poses risk to Chinese economy
In the last couple of weeks, the Renminbi has lost nearly half of its 2013 appreciation against the U.S. dollar. Investor speculation and central bank monetary policy may both be
Ruble to spread in global market
Russia is facing many economic problems and has seen its currency, the ruble, drop to record-low levels. Nevertheless, policy makers in Russia and abroad may help to strengthen the Ruble’s
Kazakhstan Pegs Tenge to Foreign Currency Basket
Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will
Assad’s Economic Lifeline is a Stable Syrian Pound
The Syrian revolution has raged for nearly two and half years, resulting in excess of 100,000 deaths and the immense destruction of the country’s infrastructure. An uprising spurred by discontent
Bitcoin: Scam or viable currency alternative?
There is a sense in which the entire Bitcoin debate is profoundly unsettling, highlighting the fact that most currencies today are just like it – fictional, fiat money, printed and