Competitive devaluation involves nations devaluing their currencies in response to other countries, aiming to boost export competitiveness. Learn more about how it works.

In an effort to stimulate the economy by encouraging business purchasing in 2009, the American Recovery and Reinvestment Act extended the capital investment incentives passed as part of the 2008 ...

(Bloomberg) -- Argentina’s next president will take over in the middle of a financial emergency — which is par for the course in one of the world’s most dysfunctional economies. Voters are heading to ...

CAIRO, Sept 25 (Reuters) - Egypt looks unlikely to devalue its currency again before a December presidential election for fear of popular unrest, but with the pound sagging against the dollar on the ...