First, a weak currency
makes the Chinese exports more competitive.
The company's net profits have decreased by 48 percent due to Ooredoo Algeria's low contribution as a result of ineffective economic environment, weak currency
, and low competitive prices, it added.
While a weak currency
causes concern among importers and sectors relying on imported goods, it bodes well for local consumption as it boosts the purchasing power of the dollars sent home by millions of Filipino migrant workers.
In January, Saudi Arabia, ordered a deposit of USD2bn into Yemen's central bank to prop up the weak currency
and help alleviate the people's suffering.
The best price, at 32ppl, will come from a weak currency
and a hard Brexit.
The relative strength of the euro to the Swiss currency, especially during the last two weeks, does not turn the franc into a weak currency
, but reduces its latent overvaluation to the euro.
May 25, 2017 (JUBA) - Kenya's Equity Bank Group has announced the closure of seven of its branches operating in war-torn South Sudan over the deteriorating economy, weak currency
I find it extremely short-term thinking for people to believe that a weak currency
is a good thing."
Samuel Tombs of Pantheon Macroeconomics said the weak currency
was "entirely responsible" for the pick-up in inflation.
The chorus of officials dubbing China a currency manipulator grew louder as China's cost advantages and relatively weak currency
spurred continued economic momentum.
Fuels consumption growth will remain relatively subdued, as high inflation and a weak currency
weighs on consumer spending, whilst a poor macroeconomic outlook dulls demand in the domestic power and industrial sectors.