Romania To reduce financing costs and support the weak currency
, Romania plans to procure a precautionary loan from the International Monetary Fund (IMF) worth $X billion in the latter half of 2013.
Mr Williams said: "Monetary policy, long-term interest rates below 2% for most of last year and a weak currency
are supportive of growth.
Ranbaxy Laboratories rose for the first time in three days amid speculation a weak currency
will boost the value of its repatriated earnings.
While not changing the sticker price, Japan's largest meatpacker said Monday it will reduce the net size of 151 products by 5-11 percent to account for higher prices of pork, chicken, vegetable oil and other items as a weak currency
makes imported products more expensive.
As legendary financier Jim Rogers stated, a weak currency
is a sign of a weak economy, which is the sign of a weak government.
It is not due to Government tax, it is not due to Brent crude going up and it is not due to the weak currency
Their chairman Brian Madderson said: "It is not due to Government tax, it is not due to Brent crude going up and it is not due to weak currency
To prevent Korea from gaining an edge in export quote via weak currency
, the Central Bank of China (CBC) also allowed the NT dollar to depreciate against the U.
I'm sure our weak currency
made a difference and the sales coinciding with a regressive stock market encouraged people to look at other options with their money.
Manufacturing output in April registered the greatest month on month decline since August 2009 and reinforced the growing view that recovery will be far more protracted than forecast, with interest rates likely to remain unchanged despite an inflationary undercurrent fuelled by a high oil price, weak currency
and recent tax hikes.
He added: "Factors like a weak currency
that should be supporting exporters are working, but it's not working as effectively as it has in the past.
Summary: Loose fiscal policy, weak currency
to fuel inflation; Central bank to intervene, aggressive rate hike an option; Investment outflows of up to $1 bln a day; Key tourism revenues take "big hit".