Tag "exchange rate"
Rumours of reform: the likelihood and consequences of currency reform in Cuba
Indications have been growing that the Cuban government intends to move forward with sweeping reforms to the country’s currency and exchange rate systems. These reforms will certainly involve the unification of the country’s current dual currency system. Nevertheless, such a change is easier said than done and will almost certainly be painful in the short term.
Falling oil prices raise concerns over Azerbaijan stability
The ongoing fall of oil prices leaves the Azerbaijani economy exposed to structural issues, increasing the risk of social unrest linked to current hardships. Since December 2015, the Azerbaijani economy has
A Franc Discussion: Switzerland’s currency troubles
The Swiss National Bank is faced with an overheating currency and slumping economy following the decision to abandon the currency exchange rate cap on the Euro. Uncertainty in the EU
Swiss National Bank shocks markets
The Swiss National Bank left investors stunned by a sudden change in monetary policy last week, just ahead of an ECB decision on QE. What does this mean for investors
Argentina’s default raises more questions than answers
Of all the defaults through Argentina’s history, the one on august 3rd 2014 is the strangest to date. Moreover, its implications could spill over to the rest of global markets. In
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
Czech Republic joins currency debasement race
Markets flooded with koruna as the Czech central bank pursues ambitious inflationary target. When faced with the issue of no-growth, sometimes even deflation, what do you do as a responsible
