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devaluation
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The answer DEVALUATION has 0 possible clue(s) in existing crosswords.
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Definitions of devaluation in various dictionaries:
noun - an official lowering of a nation's currency
noun - the reduction of something's value or worth
DEVALUATION - In modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange rate system, by which t...
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| Possible Dictionary Clues |
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| a reduction in the value of a currency compared to others: |
| "bDevaluationb" means official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency. |
| The reduction or underestimation of the worth or importance of something. |
| the reduction of something's value or worth |
| an official lowering of a nation's currency a decrease in the value of a country's currency relative to that of foreign countries |
| The removal or lessening of something's value. |
| The intentional or deliberate lowering of a currency's value compared to another country's currency or a standard value -- the price of gold for example. |
| Depreciation. |
| Devaluation description |
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In modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency or currency basket. In contrast, a depreciation is a decrease in a currency's value (relative to other major currency benchmarks) due to market forces under a floating exchange rate, not government or central bank policy actions. * A central bank maintains a fixed value of its currency by standing ready to buy or sell foreign currency with its own currency at a stated rate; a devaluation is a change in this stated rate that renders the foreign currency more expensive in terms of the home currency. * The opposite of devaluation, a change in the fixed rate making the foreign currency less expensive, is called a revaluation. * Related but distinct concepts include inflation, which is a market-determined decline in the value of the currency in terms o |