TopicExchange rates & FX
desvalorização · /dʒis.va.lo.ɾi.zaˈsɐ̃w/
desvalorização
desvalorização/dʒis.va.lo.ɾi.zaˈsɐ̃w/noun
official reduction of a currency's fixed exchange value
redução oficial do valor cambial fixo
Used under pegs or managed regimes more than pure free floats.
Mais comum sob âncoras ou regimes administrados do que em flutuação pura.
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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