Encyclosphere.org ENCYCLOREADER
  supported by EncyclosphereKSF

Devaluation

From Citizendium - Reading time: 1 min

Devaluation [r]: A policy-induced downward adjustment to a country's currency exchange rate. The term is normally applied to action to improve its international competitiveness, taken by a country that operates a nominally fixed exchange rate regime. [e]

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.

Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Devaluation
14 views | Status: cached on January 13 2024 23:05:19
↧ Download this article as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF