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Bookmark or Share- Devaluation Definition & Meaning - Merriam-WebsterThe 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.
- What is a devaluation? Definition and examplesA Devaluation occurs when the official value of a currency declines in relation to other currencies. We use the term when the decline is forced. In other words, the authorities planned it. A devaluation is also the underestimation or reduction of the importance or worth of something.
- Devaluation - WikipediaA monetary authority (e.g., a central bank) maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate.
- Devaluation - Overview, Pros and Cons, and ExamplesWhat is Devaluation? Devaluation is a downward adjustment to a country’s value of money relative to a foreign currency or standard. Many countries that operate using a fixed exchange rate tend to use devaluation as a monetary policy tool to control supply and demand.
- Devaluation: What It Is and How It Works - InvestopediaDevaluation is the deliberate downward adjustment of a country's currency value. The government issuing the currency can decide to devalue its currency. Devaluing a currency reduces the cost...
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