Currency devaluation might sound like an appealing way to trim the trade deficit: All else equal, weakening the U.S. dollar would make U.S. exports cheaper, imports more expensive, and potentially ...

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.

A devaluation can, in some cases, raise the price of local goods which harms poorer consumers more than the rich. Third, firms respond to the actions made by governments tactically.

China has been buying up commodities at a rapid clip, prompting analysts to wonder out loud whether Beijing is preparing to choose the economic "nuclear option." ...

Puma kept its dividend unchanged after the devaluation of the Argentine peso weighed on profitability for the fourth quarter, and said it expected geopolitical tensions and inflation to continue ...

Bolívar devaluation. The bolívar, Venezuela’s national currency, lost 13% of its value against the US dollar in March, intensifying the financial turmoil.

Egyptian inflation is forecast to have ticked up in March as prices adjust to a currency devaluation and an interest rate hike early in the month, followed by an increase in fuel prices two weeks ...

Iraq’s currency devaluation will add inflation to the list of hardships facing a population recovering from a devastating war with Islamic State. Without deep spending cuts, it won’t be enough ...