X-Nico

unusual facts about Currency war


Capital control

In October, with reference to increased concern about capital flows and widespread talk of an imminent Currency war, financier George Soros has suggested that capital controls are going to become much more widely used over the next few years.



see also

Balance of payments

Brazil's finance minister Guido Mantega declared that an "international currency war" has broken out, with countries competitively trying to devalue their currency so as to boost exports.