Sentences with phrase «rapid devaluation»
"Rapid devaluation" refers to a situation where the value or worth of something, such as a currency or an asset, decreases quickly or in a short period of time. Full definition
As the country suffers from hyperinflation and rapid devaluation of its national currency, more and more people are looking for alternative assets to store their wealth.
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This policy led to the rapid devaluation of the German mark, and with it, hyperinflation.
At the time, the troika was credited with saving the world's financial markets from collapse and slowing the spread of the «Asian Contagion,» a wave of financial market panic that began with the rapid devaluation of Thailand's currency and spread to other parts of Asia, Russia and Latin America, soon affecting the real economy as well.
The high delinquency rates led to a rapid devaluation of financial instruments (mortgage - backed securities including bundled loan portfolios, derivatives and credit default swaps).
Australian and overseas investments in Australian coal resources rest on a speculative bubble that ignore their impact on global carbon budgets and their exposure to rapid devaluation, a joint report released today by The Climate Institute and the Carbon Tracker Initiative finds.