EMerging Equity
Depreciation
Kenya Shilling Depreciation Squeezes CBK On Monetary Policy Options
It is no secret that the Kenya shilling has been tanking, nearing 106 to the US dollar last week. Bear in mind that this is not the lowest the shilling has ever reached; KES reach USD 107 in October 2011. However, conditions now are different and have informed the anxiety about the depreciation of the … Continue reading
Collateral Damage: Dollar Strength And Emerging Markets’ Growth
By Pablo Druck, Nicolas Magud, Rodrigo Mariscal The strength of the US dollar can impact the economic activity in emerging economies in various ways. This column argues that appreciation of the dollar mitigates the impact of real GDP growth in emerging markets. The main transmission channel is through an income effect. As the dollar appreciates, commodity … Continue reading
Regional Impact Of Renminbi Depreciation: ADB Chief Economist Shang-Jin Wei
The move by People’s Bank of China’s (PBoC) this week to loosen the renminbi (RMB) exchange rate, inducing a depreciation of the RMB against the US dollar by 3.5% in two days, has sparked intense debate among economists, pundits and policymakers. Does the depreciation show the People’s Republic of China (PRC) is moving against or … Continue reading
Currency War Heats Up As China Devalues Yuan For Second Day In A Row
China’s Central Bank, the People’s Bank of China (PBOC), has further devalued the yuan on Wednesday — following a surprise “one-time devaluation” announced by the Central Bank on Tuesday — which is heating up what appears to be a currency war and is thus rattling markets — sending stocks, currencies, and commodities tumbling for a second day in a row. … Continue reading
Chinese Currency Devaluation Prospective Grossly Exaggerated
The Chinese currency volatility does not mean the yuan will be hit by the depreciation trend. By Sputnik News Although the Chinese yuan has been falling against the US dollar since the beginning of this week, concerns over the currency fluctuation are grossly exaggerated according to China’s experts As the yuan continued its slide against the US dollar nearly reaching the … Continue reading
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