G-20 needs to arrest currency wars to stop Asian deflation
Relative value carry trades in Asia offer opportunities
The leaders of the G-20 nations need to address the impact of escalating currency devaluations and put a stop to developed nations exporting deflation to Asian economies. Economies such as Thailand and South Korea are being affected by the loss of competitiveness and disinflationary pressures, according to Callum Henderson, global head of FX research at Standard Chartered.
"This currency war is based on unconventional measures undertaken by the European Central Bank (ECB), the US Federal Reserve
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