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Currency Trends in Low-Cost Countries (Monthly Report)
2016-01-05 18:05:40| EmergingTextiles.com
Low-cost currencies are expected further dropping in 2016 after most of them already declined in 2015. This would help exporters partly offsetting the dramatic fall of the euro and of the British pound. Emerging countries could therefore let their inflation rates increasing rather than raising interest rates. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.
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