TopicExchange rates & FX
khafd qima · /xafdˤ qiː.ma/
خفض قيمة
khafd qima/xafdˤ qiː.ma/noun
official reduction of a currency's fixed exchange value
تخفيض رسمي لقيمة الصرف الثابتة لعملة
Used under pegs or managed regimes more than pure free floats.
أكثر شيوعاً مع الربط أو الأنظمة المدارة من التعويم الحر.
Examples
A sudden devaluation raised the cost of imported fuel overnight.
The central bank denied plans for devaluation after the rumor.
History shows devaluation can boost exports but stoke inflation.
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