Currency Depreciation Is No Panacea For China, Japan, Eurozone: NatixisMani
Despite China, Japan, and Eurozone resorting to currency depreciation to stimulate their economies, such a move is ill-suited to the problems these countries are facing, notes Natixis.
Patrick Artus of Natixis in his December 29, 2015 research note points out that the U.S. and UK have shown no desire to weaken their exchange rates, as they have exited quantitative easing.
Currency depreciation weakens Euro zone's domestic demand
Artus points out that the currencies of large exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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