TopicExchange rates & FX
devaluation · /ˌdiː.væl.juˈeɪ.ʃən/
devaluation
devaluation/ˌdiː.væl.juˈeɪ.ʃən/noun
official reduction of a currency's fixed exchange value
opisyal na pagbaba ng nakapirming exchange value
Used under pegs or managed regimes more than pure free floats.
Mas madalas sa peg o managed regime kaysa pure free float.
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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