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The article describes the situation for Azerbaijan, where its currency, manats, have depreciated against the American dollar greatly. The banks have imposed limits to consumption of foreign, in order to limit the imports.

Foreign unemployment fall cuts jobless rate Published on: 10 Apr 2015 09:23 CET Facebook Twitter Google+ reddit Switzerland's official jobless rate fell in March to 3.4 percent from 3.5 percent in the previous month, driven by a drop in foreign unemployment, according to government figures released on Friday. The decline marks the first time since June 2014 that the rate has fallen in a further indication that the Swiss economy is so far weathering the rise in the value of the franc, which forecasters have said will cut growth this year. The percentage of foreigners registered as out of work tumbled to 6.7 percent from seven percent, while the rate for Swiss citizens remained unchanged at 2.3 percent, the State Secretariat for Economic Affairs (Seco) said in its monthly report. The number of unemployed registered in regional job placement offices in March dipped by 4,813 from the previous month to 145,108, Seco said. But the jobless rate last month remained above the 3.3 percent level in March 2014. The rate declined or remained the same in all 26 cantons with the canton of Valais recording the biggest fall, from to 4.6 percent from 5.4 percent. Neuchâtel registered the highest rate (5.7 percent, down from 5.8 percent), just ahead of Geneva (5.6 percent, unchanged). Obwalden had the lowest rate at one percent, down from 1.1 percent. Unemployment in Zurich, Switzerland's largest job market, remained unchanged at 3.6 percent. The impact of the strong franc may not have yet affected the Swiss job market but observers believe that unless the currency weakens, jobs cuts can be expected. In January, the Swiss National Bank abandoned a policy of maintaining a euro floor of 1.20 francs and foreign exchange traders immediately bid up the value of the franc. On Friday, with uncertainty about Greece's finances lingering, the euro was trading at around 1.04 francs, making life difficult for Swiss exporters selling products into the eurozone, the biggest ma

Azerbaijan has moved to a floating exchange rate, after 2015 saw the country devaluate its currency twice. Also deals with problems of balance of payments and foreign currency flows.

The Argentinian peso had been under strict currency controls for the past four years under former president Cristina Fernandez de Kirchner.The exchange rate had been going for 9 pesos per US dollar and is not going for 14 pesos per US dollar which was previously only seen in the black market. Former president Kirchner had put the controls in place in attempt to control Argentina's inflation. The new government are hoping to improve exports of agricultural commodities.

China is known for being a very populous state and the leading commodity producer, as a matter of fact American trade with China is considered one of the largest trading markets. So it would be expected that China's depreciation is affecting so many countries. The Mexican peso dropped by 1.1%, and the Colombian peso by 1.3% . This means their the amount of Chinese money that could be exchanged with just one of that country's peso has decreased. Economists are blaming it on falling oil prices and weak economic data. This was foreseen depreciation was foreseen as oil demand was already decreasing and investments into China were low so as preparation Colombia has raised its lending rate. This could work and help combat the inflation that has been caused because it would influence trade and investments. This is all in hopes that the exchange rate will rise again.

As prices for commodities have decreased, the value of the Canadian dollar has decreased as well. Two years ago the Canadian dollar was worth 93 American cents, yesterday to was worth only 69 American cents. This depreciation in value is because the Canadian economy is heavily dependent on oil and other resources and it has had many impacts on Canadians. Imports, like fresh American vegtables, are now more costly for Canadians. Currently, a single head of broccoli in Canada sells for around $4. Last winters, Canadians could buy 2 for only $1.50. However, in many ways a weaker currency is helpful to the Canadian economy. The US is overwhelmingly the largest market for Canadian exports, which are now less expensive across the border because of the currency's fall. In addition, almost all commodity exports are priced in American dollars so foreign exchange gains have helped cushion some of the blow to Canadian oil producers and mining companies.