The meaning of DEVALUATION is an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency. How to use devaluation in a sentence.
Devaluation is reduction of nominal value of a currency. Usually this refers to a lowering in the value caused by an act of the issuing government, rather than the steady process of inflation which can occur when there is reduced demand or increased supply. Typically it refers to the value ...
Devaluation definition: an official lowering of the exchange value of a country's currency relative to gold or other currencies.. See examples of DEVALUATION used in a sentence.
The meaning of POSTDEVALUATION is following the devaluation of a currency. How to use postdevaluation in a sentence.
Devaluationist definition: a person, as an economist, who advocates the devaluation of a currency. See examples of DEVALUATIONIST used in a sentence.
Devaluations are resorted to by governments to assist in the removal of a BALANCE OF PAYMENTS deficit. The effect of a devaluation is to make imports (in the local currency) more expensive, thereby reducing import demand, and exports cheaper (in the local currency), thereby acting as a ...
How Countries Devalue Their Currency Countries willdevalue their currency in a number of ways, mostly controlled by that country's central bank. Since most countries' currencies are free-floating, meaning they aren'tpeggedto a different currency, there are more complications to devaluing a currency...
"process or fact of being reduced in value," 1898; seede-+valuation. Specific application to currency is from 1914. also from1898 Entries linking todevaluation valuation(n.) 1520s, from Frenchvaluation, noun of action fromvaluer, from Old Frenchvaloir(seevalue(n.)). ...
inflation, devaluation of the currency in which prices are rising, and will make most of the people living in 翻译结果5复制译文编辑译文朗读译文返回顶部 通货膨胀导致货币贬值,从而物价不断上涨,会使得大部分人生活水平下降 相关内容 aShannxi Shannxi[translate] ...
bank run at Vienna's small Allgemeine Wirtschaftsbank due to heavy withdrawals by jittery depositors, the Lloyds Bank PLC's branch in Switzerland losing 79 million dollars due to unauthorized foreign exchange deal, and the Franklin National Bank's losses of 83 million dollars from currency trading...