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• Heavy price discounting will devalue our famous brands.
• Hungary said it will devalue its currency by an average of 15% against major Western currencies.
• With more money coming into circulation, the ruble may devalue further.
• the pound's devaluation after sterling withdrew from the European Exchange Rate Mechanism
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The devaluation of the dollar had a strong effect on the financial markets.
»Currency devaluation has inflationary consequences.
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• Heavy price discounting will devalue our famous brands.
• Hungary said it will devalue its currency by an average of 15% against major Western currencies.
• With more money coming into circulation, the ruble may devalue further.
• the pound's devaluation after sterling withdrew from the European Exchange Rate Mechanism
* * *
* * *
The devaluation of the dollar had a strong effect on the financial markets.
»Currency devaluation has inflationary consequences.
devaluation of the pound sterling — девальвация фунта стерлингов
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There are two implications for a currency devaluation. First, devaluation makes a country's exports relatively less expensive for foreigners and second, it makes foreign products relatively more expensive for domestic consumers, discouraging imports. As a result, this may help to reduce a country's trade deficit.
1) девальвация; снижение курса денежной единицы страны по отношению к валютам других стран;
2) обесценивание; в психоанализе — защитный механизм, проявляющийся в приписывании несоответствующих отрицательных характеристик себе и другим.
- competitive devaluation
- differential devaluation
- dollar devaluation
- sterling devaluation