Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

To avoid the currency wars

Posted on 25 July 2013

The global economy needs exchange rate coordination now. Absent that, the world is likely to be increasingly afflicted by exchange rate fluctuations and policy acrimony. These are bound to undermine the economic recovery and increase the likelihood of stagnation.
In 2010, Brazilian Finance Minister Guido Mantega warned of the possibility of “currency wars” as countries sought to devalue their exchange rates to gain competitive advantage………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031