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Currency Trends in Low-Cost Countries (Monthly Report)

2015-10-01 23:04:30| EmergingTextiles.com

The downward trend in currencies of low-cost countries has been supported in the last month by the US Fed decision to keep unchanged its benchmark interest rate. The Turkish lira and the Indonesian rupiah have further plunged, whereas the INR could continue declining until the end of 2015. 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.

Tags: report monthly countries trends

 

Huffington Post Guest Column: Currency Manipulation Will Allow Our Trade Partners to Skirt TPP Agreement

2015-09-30 16:42:42| National Farmers Union

FOR IMMEDIATE RELEASE September 30, 2015 Contact: Andrew Jerome, 202-314-3106 ajerome@nfudc.org WASHINGTON (September 30, 2015) Congress and the administration need to insist that enforceable language against currency manipulation be included in all trade deals moving forward, including the Trans-Pacific Partnership (TPP), argues National Farmers Union President Roger Johnson in a Huffington Post guest column. Currency manipulation

Tags: post agreement guest trade

 
 

Currency Manipulation: The New Best Gimmick for Skirting Trade Agreements

2015-09-25 20:43:07| National Farmers Union

FOR IMMEDIATE RELEASE September 25, 2015 Contact: Andrew Jerome, 202-314-3106 ajerome@nfudc.org WASHINGTON (September 25, 2015) Just days before trade officials look to wrap up negotiations on the Trans-Pacific Partnership (TPP), National Farmers Union (NFU) President Roger Johnson issued the following statement warning against a deal that does not contain enforceable currency manipulation provisions: Congress

Tags: trade currency agreements gimmick

 

China currency fall a "tailwind" for lower apparel costs

2015-09-10 16:22:00| Daily apparel & textile news and comment - from just-style.com

The falling value of the Chinese yuan is being seen as another lever for US brands and retailers to drive down product costs, with one analyst describing it as a "tailwind for those sourcing apparel from China."

Tags: china lower fall costs

 

Car market ailed by currency devaluation

2015-09-07 23:07:54| Auto Dealers - Topix.net

"Earlier we could sell ten cars per month but after the February events, the sale of even two cars per month is a happy event for us," said car retailer Elgiz Mamedov, a sentiment echoed by most car retailers in the country. Some of the retailers have resorted to a range of methods for stimulating their sales, but none of them have had any successful influence over purchasing power.

Tags: car market currency car market

 

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