Group items tagged

The currency in Belarus may soon devaluate, and the nation is set to adjust its exchange rate. While Belarus is struggling financially, some officials argue that devaluation of the currency is not the best solution to the problem.

In an effort to combat what is seen as deliberate action on the part of the Chinese government to keep that value of its currency artificially low to improve the competitiveness of exports in foreign markets, The US has considered devaluing its own currency. This has led to criticism from China and Russia.

The Venezuelan government devaluates its currency for the second time this year in an attempt to meet importer's demand, tame inflation, minimize outflow of domestic currency, and maximize revenue from oil sale.

This article is about the recent meeting between US President Obama and Chinese President Hu Jintao. One of the topics of discussion was the Chinese currency. America believes that the yuan is devalued to give China an advantage in trade.

Sudan is suffering an economic crisis, with a current account deficit and currency devaluation driving up inflation.