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Bookmark or Share- Economic effect of a devaluation of the currency - Economics HelpA devaluation means there is a fall in the value of a currency. The main effects are: Exports are cheaper to foreign customers. Imports more expensive. In the short-term, a devaluation tends to cause inflation, higher growth and increased demand for exports. A devaluation in the Pound means £1 is worth less compared to other foreign currencies.
- 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.
- Does devaluation causes inflation? - Economics HelpA devaluation leads to a decline in the value of a currency making exports more competitive and imports more expensive. Generally, a devaluation is likely to contribute to inflationary pressures because of higher import prices and rising demand for exports.
- Currency Devaluation - What It Is, Effects, Example, Reasons.Currency devaluation is a deliberate or forced downward movement of the value of a currency vis-a-vis another currency (of any other country) or currency standard. Currency devaluation is generally referred to as deliberate devaluation tactics.
- DEVALUE definition and meaning | Collins English DictionaryTo devalue something means to cause it to be thought less impressive or less deserving of respect. They spread tales about her in an attempt to devalue her work. [VERB noun] The sport has been devalued by cheats and ambivalent officials. [be VERB -ed] Synonyms: belittle, diminish, minimize, underestimate More Synonyms of devalue.
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