Tag Archives: Currency War
South African Rand Appreciation, Currency War.
The catch phrase in mainstream macroeconomic circles for the past few months has been ‘currency wars’, that is individual countries depreciating their currencies to encourage exports to improve their Current Accounts as well as promote employment and growth. This is … Continue reading
Weekend Links 22/10/10
1. Benin Floods. This has been a very under reported story, but half of the small nation of Benin is currently under water, the rains are still pelting down, and there have been 60 deaths and around 100 000 displaced. … Continue reading