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 emerging countries such as Brazil, India, Russia, South Africa, Turkey have been depreciating since 2013, something which the countries are enduring more than they have…
Currency Depreciation Is No Panacea For China, Japan, Eurozone: Natixis
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports