| devaluation |
A comparative term used to describe the decrease in value of a currency, compared to the value of another.
Ãâó: www.e2.co.uk/finance/stocks_shares/glossary.html
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| devaluation |
The official lowering of the value of one country's currency in terms of one or more foreign currencies. For example, if the US dollar is devalued in relation to the French franc, one dollar will "buy" fewer francs than before.
Ãâó: www.cecunc.org/business/international/export-terms...
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| devaluation |
The lowering of the value of a country's currency relative to gold and/or the currencies of other nations. When a currency is devalued, imported goods become more expensive, while its exports become less expensive.
Ãâó: www.tepper.cmu.edu/afs/andrew/gsia/investclub/Glos...
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| devaluation |
steps taken by a central bank that reduce the value of a national currency relative to other currencies for the primary goal of increasing the prices of imported goods while decreasing the prices of exported goods.
Ãâó: www.unm.edu/~gleasong/240/econ_terms.html
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| devaluation |
A reduction in a country's official rate at which one currency is trade for another. A devaluation makes a country's exports cheaper abroad and makes imports more expensive.
Ãâó: www.web.net/rain/glossary.htm
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