Tag Archives: Currency Wars

The real is emerging as a win-win for Brazilian steel makers

A combination of policy moves and a slowing economy have weakened the Brazilian real by 4.8% since the beginning of March, making it the worst performing currency tracked by Bloomberg. For exporters, this is a welcome change from the 8.7% appreciation in the first two months of the year, consequently making it the best-performing currency.

Brazil BRICs Currencies Latin America Stocks

Thailand hikes rates

In an unexpected move, central bankers in Bangkok have reversed course and now say inflation is a worse threat than a strong local currency, and have raised interest rates to fight it.

Asia Currencies Forex