foreign exchange

May 2012 Summary: Quantitative easing by developed countries imposing a tax on the rest of the world IMF resources boosted by $430 billion Unemployment continues to rise in Europe Central banks of developed countries collected an enormous amount of sei ...

December 2010 Summary: European sovereign debt crisis is spreading to larger economies  Increased volatility in equity and foreign exchange markets Uneven economic recovery during the third quarter The euro area’s sovereign debt crisis continues, despi ...

October 2010 Summary: Trade tensions and risks of competitive devaluations heighten amidst global economic slowdown and increased turmoil in currency markets Sovereign debt stress returns in some European countries  United Nations summit on MDGs secure ...