Tag "depreciation"
Finance
Middle East/North Africa
Turkey’s monetary policy feud stokes financial risk
While Turkey – with its ceaselessly falling currency – is struggling with the same global forces as other emerging markets, an internal struggle between President Erdoğan, Central Bank Govenor Basci and deputy PM for
Finance
South and Central Asia
‘Black Tuesday’ in Russia as rouble slide sparks currency crisis
Sharp rouble depreciation revives fears of 1998 crisis, forcing the Central Bank of Russia to take tough decisions with limited results so far. Investors should prepare for further restrictions and economic recession. On
Asia Pacific
Economics
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
