devaluation

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Related to devaluations: Currency devaluation
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  • noun

Synonyms for devaluation

a lowering in price or value

Words related to devaluation

an official lowering of a nation's currency

the reduction of something's value or worth

References in periodicals archive ?
When the models become more general and inclusive, a light shines even more brightly on just how confusing and contradictory the arguments favouring devaluations are.
Summary: There is consensus both within and outside Egypt that a devaluation of the Egyptian pound is imminent.
The conclusion now, however, is that devaluations are not having the same impact on GDP performance.
Angola's central bank is said to be planning for more currency devaluations.
You also have to look at why devaluations happened.
The primary incentive for the devaluation is "international recognition".
2011) the crisis in the Euro area has brought fiscal devaluations to the forefront of policy.
Monetary policy and impacts of a currency devaluation -- which many are predicting as imminent -- can be bewildering, so Rebel Economy has prepared this explainer.
Devaluation is reduction in the value of a currency with respect to goods, services or other monetary units with which the given currency can be exchanged.
Gylfason and Schmid (1983), and Conolly (1983) find that exchange rate devaluations have a positive effect on the economy.
Therefore, the devaluations of the Thai baht, the Indonesian rupiah and the Malaysian ringgit had an immediate and direct mechanical effect on the prices expressed in these local currencies.
The consortium successfully bid the equivalent of almost US$46 million in local currency just before the first Brazilian devaluation on January 12, then paid the reduced price of $42 million days later, only to lose money on the currency's continued weakness as it ultimately finished down about 50%.
The paper addresses an important issue: Are devaluations contractionary?
Major and continuous devaluations of a nation's currency have long been a reality of the global economy, with the recent peso crisis in Mexico among the more newsworthy.
The sudden reduction of foreign credit to externally indebted countries requires an increase in trade balances, which governments achieve in part by real devaluations of the debtor country currency.