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Edwardhugh posted by Edwardhugh vote down flag
Latvia - Devalue Now or Devalue Later?
fistfulofeuros.net - 6/8/2009
Latvia - Devalue Now or Devalue Later?
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The Latvian economy is certaily stuck in a hard and not especially pleasent place at the moment, and really one chart tells it all, since as we see above the local interbank overnight interest rates have been storming upwards and through the roof over the last two weeks. As a result of this ...
imf.org - 6/3/2009
IMF Survey: Latvia Caught in Vicious Economic Downturn
— imf.org — global financial crisis Latvia Caught in Vicious Economic Downturn By Camilla Andersen IMF Survey online May 28,... 2009 L atvia is in a deep recession, with the economy projected to contract this year by more than 15 percent. Plunging revenues are ... (more) IMF Survey: Latvia Caught in Vicious Economic Downturn

Comments vote down Latvia Economy Watch found this 6/3/2009found this
Update on the Potential for Devaluation in Latvia
latviaeconomy.blogspot.com - 6/2/2009
Update on the Potential for Devaluation in Latvia
— latviaeconomy.blogspot.com — By Claus Vistesen: Copenhagen As I pointed out recently in the context of Latvia and the impending... potential for a devaluation there is a distinct risk of falling victim to the sin of crying wolf. Yet, as the plot inevitable thickens I am maintaining, as it were, my cry. There are two ... (more) Update on the Potential for Devaluation in Latvia

Comments vote down Edwardhugh Edwardhugh posted 6/2/2009posted this
clausvistesen.squarespace.com - 6/2/2009
Devaluation Imminent in the Baltics?
— clausvistesen.squarespace.com — Even when liars tell the truth, they are never believed. The liar will lie once, twice, and... then perish when he tells the truth. One thing which is certain at the moment is that the rumour mill is grinding hard and that it is very difficult to get ... (more) Devaluation Imminent in the Baltics?

Comments vote down Baltic Economy Watch found this 6/2/2009found this

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FT Alphaville:  Rigibor: ‘The new’ Libor

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Blog Reactions

Rigibor: ‘The new’ Libor
FT Alphaville — ... on Monday (H/T Jonathan Tepper at Variant): Rigibor/Rigibid Meanwhile, Edward Hugh over at A Fistful of Euros blog provides this telling historical chart of the Rigibor rate, to give you some point of reference: Rigibor - A fistful of euros Of course defending your currency can prove a costly exercise. Bloomberg ...

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