Phrases with «currency devaluation»

Currency devaluation refers to the deliberate reduction in the value of a country's currency relative to other currencies. This means that the currency becomes less valuable or weaker compared to others. When a currency is devalued, it takes more units of that currency to buy goods or services from other countries. This decision is often made by the government or central bank to boost exports, make imports more expensive, or stimulate the domestic economy. Full definition

Related phrases

Sentences with «currency devaluation»

  • Ford, for example, warned last month of the potential impact from an expected Venezuelan currency devaluation in 2014. (news-to-use.com)
  • A country that is bedevilled by low industrial growth, mass unemployment, poverty, illiteracy and poor infrastructural / facility development can not be thinking of currency devaluation as an option to getting out of her economic woes. (punchng.com)
  • • The gold industry can be significantly affected by international monetary and political developments, such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries. (fidelity.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z