TopicExchange rates & FX
revaluation · /ˌriː.væl.juˈeɪ.ʃən/
revaluation
revaluation/ˌriː.væl.juˈeɪ.ʃən/noun
official upward reset of a currency's fixed value
opisyal na pagtaas ng nakapirming halaga ng pera
Different from market-driven appreciation under a floating rate.
Iba sa market-driven appreciation sa floating rate.
Examples
The government announced a revaluation of the pegged currency.
Exporters worried that revaluation would hurt overseas sales.
Investors debated whether revaluation would calm import prices.
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