Regular readers will know we’re generally not fans of emerging economies fixing the value of their currencies. Much better to let them float and adjust according to market sentiment than make them overvalued through rigid controls. The always-interesting Peterson Institute for International Economics has laid out the reasons why fixed exchange rates cause so much […]

Following major declines in the value of currencies in Angola, Egypt, Ghana, Nigeria, Zambia and Zimbabwe this year, August saw another two African currencies take a plunge. Both the Ethiopian birr and the South Sudanese pound effectively lost half their value against the euro over the course of August (see first table below). Accede al CONTENIDO completo […]

El último estudio “Coste de la vida 2024” de Mercer, compañía de Marsh McLennan y líder global en consultoría e inversión, que mide el coste comparativo de más de 200 bienes y servicios en 226 ciudades de los cinco continentes, revela que Madrid y Barcelona se encarecen ligeramente en el ranking de las ciudades más […]