devaluation
Definition
Planned or market forced reduction in the value of a currency's exchange value. Devaluation may improve a country's balance of payments situation by boosting exports and reducing imports, but it worsens inflation for imported goods or those having significant import content. Opposite of revaluation.
devaluation is in the Currency Trading and Economics, Politics, & Society subjects.
devaluation appears in the definitions of the following terms: exposure, International Monetary Fund (IMF), balance sheet exposure, revaluation, beggar thy neighbor policy and foreign currency translation gain/loss
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