Devaluation
Jump to navigation
Jump to search
Devaluation [r]: A policy-induced downward adjustment to a country's currency exchange rate. The term is normally applied to action to improve its international competitiveness, taken by a country that operates a nominally fixed exchange rate regime. [e]
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.