It only took Javier Milei a couple of days in office to trip up. This is worrisome, both for Milei and Argentina. Think the 50% devaluation of the Argentine peso. About it, an obvious response is ...

Second, another reason it won’t work is the reality of global supply chains. Anything the United States would gain through a devaluation in terms of cheaper exports, it would lose through its ...

President-elect Donald Trump 's proposed tariffs—10% on all imports and a massive 60% on Chinese goods—have prompted Beijing to consider devaluation as a buffer.

Our findings show that the currency devaluation made poor consumers poorer and wealthy consumers wealthier in relative terms. Kazakhstan’s currency, the tenge, plunged after the government ...

Workers in some of the larger factories throughout Israel promptly formed committees to formulate steps to prevent a general increase in the price level. Some even suggested a work stoppage but ...

Chinese policymakers may weaken the yuan in 2025 to counter Trump’s proposed 60% tariffs on Chinese imports. Analysts warn devaluation won’t rescue China’s economy, which is grappling with a ...