TopicExchange rates & FX
avamulyan · /ə.ʋə.muːl.jən/
अवमूल्यन
avamulyan/ə.ʋə.muːl.jən/noun
official reduction of a currency's fixed exchange value
मुद्रा के निश्चित विनिमय मूल्य की आधिकारिक कटौती
Used under pegs or managed regimes more than pure free floats.
शुद्ध फ्री फ्लोट से अधिक पेग या प्रबंधित व्यवस्था में।
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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