Weaker currency has prompted concern among residents warning of rising living costs, while others stand to benefit from earning in dollars ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

It is the job of the government to keep a country’s economy in check. But sometimes policies don’t work out as planned. Governments often take economic decisions that follow specific political agendas ...

If you have ever traveled abroad, you know that exchange rates can fluctuate. When it comes time to convert currencies, you may receive more or less than the amount you expected or planned for.

Telefonica has announced the effects of Venezuela’s currency devaluation on the Telefonica Group. On 8 February, the government of Venezuela devaluated the country’s currency from 4.3 bolivars per ...

As U.S. retailers look for price concessions from China in the wake of last month’s currency devaluation, margins may tick up, for now anyway. But there could be a blowback in the form of reduced ...

Ethiopia needs devaluation to placate the IMF but can’t afford the inflationary consequences. A managed float looks like the least bad option. A man counts Ethiopia’s birr notes in Merkato, one of ...

Additional support from international partners mitigates Egypt’s (B-/Negative Outlook) financing pressures but durably addressing the country’s external-sector resilience and financing constraints ...

Editor’s Note: This article is part of a symposium of views in The International Economy Winter 2016 issue on the effectiveness of currency devaluation on economic growth. The full symposium can be ...