A post-Lehman global currency war has kicked off since 2010 and has intensified this year. Competitive devaluation, as it is also known, involves central banks – today most prominently the Bank of ...
Korea’s currency and markets took a hit Wednesday as intensifying U.S.-China trade friction morphed into a currency battle. After China allowed the renminbi to weaken in response to fresh U.S. tariffs ...
Sanjay Mathur, Managing Director & Head of Economics Research, Asia Pacific ex-Japan, at RBS, believes that fears of currency wars are steeped in political posturing, rather than economic reality, and ...