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ARGENTINA: Covert devaluation aims for quick IMF deal
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DOI: 10.1108/OXAN-ES280734
ISSN: 2633-304X
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EGYPT: Devaluation should help ease currency crisis
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DOI: 10.1108/OXAN-ES209947
ISSN: 2633-304X
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Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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Labour market globalisation.
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DOI: 10.1108/OXAN-DB242077
ISSN: 2633-304X
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Beijing's abrupt reform of its exchange rate regime on August 11 led to an immediate sharp devaluation, but is also broadly consistent with giving market forces a greater role in…
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DOI: 10.1108/OXAN-DB205774
ISSN: 2633-304X
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The impact of prolonged low oil prices.
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DOI: 10.1108/OXAN-DB207171
ISSN: 2633-304X
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British Airways stopped selling tickets in Egyptian pounds because it could not convert earnings into dollars. At end of February, Egypt's foreign reserves stood 16.53 billion…
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DOI: 10.1108/OXAN-DB209785
ISSN: 2633-304X
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Kazakhstan's exchange rate regime.
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DOI: 10.1108/OXAN-DB203119
ISSN: 2633-304X
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However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…
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DOI: 10.1108/OXAN-DB282141
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…