The rate of growth in a country's money supply, broadly measured, will determine the rate of growth in its nominal GDP. For Saudi Arabia, the followin...
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Susceptibility to foreign shocks would be an adequate phrase to describe the Colombian peso's behavior against the U.S. dollar over the past months.
It is clear to see why investors place so much emphasis on the oil price as a dictator of Russia's financial health. Supplying some 11.4% of the world's oil supply last year, Russia is the "biggest single source outside the OPEC cartel."
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