Tag Archives: competitive devaluation

Sterling heading towards uncertain future

The recent boost in the Sterling Exchange rates might only be shortlived. A weak Pound Sterling is the only way for the UK to regain economic power, says Neil Mellor, Forex expert at the Bank of New York Mellon, in … Continue reading

Posted in Monetary Policy | Tagged , , , , , , | 4 Comments

G20 against the use of exchange rates as weapons

Are we running towards an international “currency war”? This topic has become a major concern as countries more and more manipulate the value of currencies to their advantage without any concern about the influence on the world economy.                                                

Posted in Monetary Policy | Tagged , , | 3 Comments