A substantial drop in the value of a currency, relative to the price of gold or the currencies of other countries.
Related information about devaluation:
- Devaluation - Wikipedia, the free encyclopedia
Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that ...
- Devaluation - Merriam-Webster Online
Definition of devaluation from the Merriam-Webster Online Dictionary with audio pronunciations, thesaurus, Word of the Day, and word games.
- Devaluation Definition | Investopedia
A deliberate downward adjustment to a country's official exchange rate relative to other currencies. In a fixed exchange rate regime, only a decision by a ...
- devaluation - definition of devaluation by the Free Online Dictionary ...
de·val·ue (d -v l y ) also de·val·u·ate (-v l y - t ). v. de·val·ued also de·valu·at·ed, de· val·u·ing also de·val·u·at·ing, de·val·ues also de·val·u·ates. v.tr. 1. To lessen or ...
- Currency Devaluation and Revaluation - Fedpoints - Federal ...
Under a fixed exchange rate system, devaluation and revaluation are official changes in the value of a country's currency relative to other currencies. Under a ...
- Devaluation | Define Devaluation at Dictionary.com
an official lowering of the exchange value of a country's currency relative to gold or other currencies. 2. a reduction of a value, status, etc. Relevant Questions ...
- Internal Devaluation and the Road to Wigan Pier - NYTimes.com
Sep 28, 2012 ... Internal Devaluation and the Road to Wigan Pier. Greg Ip, in correspondence, directs me to Chapter 3 of the latest IMF World Economic Outlook ...
- Notes On Internal Devaluation (Wonkish) - NYTimes.com
Sep 27, 2012 ... People seem to think that it means that (a) internal devaluation can never work (b ) any sign of recovery, even a partial rebound, proves ...